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BT Group plc (BTGOF) Q4 2025 Earnings Call Transcript

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BT Group plc (OTCPK:BTGOF) Q4 2025 Results Conference Call May 22, 2025 4:30 AM ET

Company Participants

Nick Delfas – Investor Relations
Allison Kirkby – Chief Executive
Simon Lowth – Chief Financial Officer

Conference Call Participants

Karen Egan – Enders Analysis
Steve Malcolm – Redburn
James Ratzer – New Street
Matt Howett – Assembly Research
Polo Tang – UBS
David Wright – Bank of America
Akhil Dattani – JPMorgan
Andrew Lee – Goldman Sachs
Robert Grindle – Deutsche Bank
Maurice Patrick – Barclays
Carl Murdock-Smith – Citi
Camille Mendler – Omdia
Joshua Mills – BNP Paribas

Nick Delfas

Good morning, and welcome, everyone, to BT Group’s results presentation for the full year ended 31st of March 2025. Presenting today are Allison Kirkby, Chief Executive; and Simon Lowth, CFO. Following the presentation, there will be a question-and-answer session. I would like to make everyone aware that this event is being recorded for replay purposes.

Before we start, I’d like to draw your attention to the forward-looking statements cautioned in the presentation and press release for examples of the factors that could cause actual results to differ from any forward-looking statements we may make. Both the press release and the presentation can be found on our website.

With that, I’ll now hand over to Allison.

Allison Kirkby

Thank you, Nick, our new chatbot. Good morning, everyone, and welcome to our full year results presentations, and thank you so much for joining us today on this sunny morning.

By way of an agenda, I’ll be starting by looking back at our progress in the past year, and then I’ll hand over to Simon to talk about the financials. Then we’ll set out more detail on our strategy, our plans and our outlook for the year ahead. And of course, Simon and I will be taking your questions at the

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