PRN: BSkyB CEO Interviewed on Full-Year Results

29/lug/2011 10.13.05 PR Newswire Turismo Contatta l'autore

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BSkyB CEO Interviewed on Full-Year Results

 
[29-July-2011]
 

LONDON, July 29, 2011 /PRNewswire/ --


BSkyB Chief Executive Jeremy Darroch announces that the company will be increasing returns to shareholders through the combination of a significant share buy-back and a 20% rise in the dividend.

In a video interview with financial broadcaster http://www.cantos.com he says: "I think we have the right balance between investments for future growth, but also accelerating returns to shareholders and the efficient management of our balance sheet."

He maintains that the failed News Corp bid had little impact, if any, on performance during the period and that the Sky brand had been largely unaffected. News Corp will take part in the buy-back pro rata to their existing shareholding, ensuring that their stake in BSkyB does not increase.

Commenting on the positive figures the company announced, CFO Andrew Griffith picks the 30% growth in revenue as a particular highlight. He also discusses the balance sheet in light of the share-buyback and speaks about the dividend.

The interviews and transcripts are available now on http://www.cantos.com/company/British+Sky+Broadcasting

Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email prnsupport@cantos.com or phone +44-207-936-1352.


Company Codes: LSE:BSY, OTC-PINK:BSYBY, Bloomberg:BSY@LN, RICS:BSY.L, ISIN:GB0001411924
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