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Sky delivered an excellent third quarter. Image credit: wikipedia

‘Excellent’ third quarter puts Sky growth at 11 year high

Strong customer demand coupled with record growth in Europe enabled broadcasting giant Sky to post a successful 20% increase in operating profit. Excellent financial results include a 5% increase in group revenue to £8,453m as well as 20% increase in operating profit to £1,025m. Sky enjoyed an excellent third quarter with 242,000 new customer additions, almost 70% more than last year. Moreover, the company had over one million new paid-for subscriptions products. Sky third quarter growth was its highest in 11 years in the UK and Ireland, whilst the company can also report record growth rates in Germany and Austria. In addition, the quarter… #europe #finance #international

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