41aa6941dee56e7d4f296455c45477ea.ppt
- Количество слайдов: 21
Sir Christopher Bland Chairman • BT Group plc
Delivering today Investing for tomorrow
2003/04 - another year of good progress £ 18. 5 bn, maintained* Group turnover Earnings per share 16. 9 p, up 19%** Free cash flow £ 2. 1 bn, up 21% Dividend 8. 5 p, up 31% Net debt £ 8. 4 bn, down 12% *Adjusted for the impact of mobile termination cut **Before exceptional items and goodwill Delivering today
2003/04 - key financial indicators Earnings per share* (pence) 18 p 15 p 12 p 9 p 6 p 3 p 0 p Dividend per share* (pence) 9 p 14. 2 16. 9 8. 8 3 p 2. 0 FY 01/02 FY 02/03 FY 03/04 Free cash flow**(£m) 2, 250 1, 750 1, 250 750 250 (250) (750) 6. 5 6 p 8. 5 0 p FY 01/02 FY 02/03 FY 03/04 Net debt (£bn) 0 1, 708 2, 071 (7) -13. 7 -9. 6 -8. 4 Mar 03 Mar 04 (14) (21) -732 FY 01/02 FY 02/03 FY 03/04 (28) -27. 9 Mar 01 Mar 02 *Before exceptional items, goodwill amortisation **Free cash flow for 2001/02 excludes the property transaction and includes pension payments, emerged and discontinued activities
2003/04 - dividends and buy backs 10 p +31% 8 p 8. 5 p Rolling share buy back programme commenced To date: 6. 5 p 6 p Purchased 1. 1% of share capital (97 m shares) 4 p Total cost of purchase £ 174 m 2 p Authorisation for 10% of share capital 2. 0 p 0 p FY 01/02 FY 02/03 FY 03/04 Dividend pay-out 50% of earnings Targeting a 60% pay-out ratio in 2005/06
Continuing the transformation Over the last three years and going forward: delivering on a clear strategy rigorous financial discipline − strong free cash flow − debt reduced by £ 20 bn since March 2001 sustained reductions in customer dissatisfaction accelerating new wave innovations cultural change: BT’s people and brand values deepening our community engagement Delivering today Investing for tomorrow
Our contribution to the community Supporting good causes £ 18 million Education support 2 million children, 10, 000 schools 4, 000 BT Volunteers Free teaching resources Child. Line £ 1. 5 million cash, £ 2 million in kind, 19% more children helped communities first cymunedau yn gyntaf Everybodyonline Helped 8 communities - digital inclusion - 3 in Wales Helping everyone benefit from improved communication
Delivering today Investing for tomorrow Ben Verwaayen Chief Executive • BT Group plc
Our strategy Defend traditional Improved service Aggressive & creative marketing Price innovation Reduce costs / improve margin Transformation 21 st Century Network Long term partnership with our customers Grow new wave Broadband Mobility ICT Global Solutions
Transformation is underway Total revenue £bn 19 17 15 2. 6 New wave 15. 9* Traditional 13 11 FY 02/03 3. 4 New wave 15. 1* Traditional +30% -5%* FY 03/04 New wave now represents 18% of Group turnover *Excluding the impact of the mobile termination rate reduction Investing for tomorrow
Building for the future Lead on network centric ICT capability Deliver on broadband Create convergent mobility solutions Defend traditional business rigorously Drive for cost leadership Investing for tomorrow
Embracing technology - enabling change ICT - combines telecoms experience and IT innovation Major wins across UK, Europe and US − Unilever − NHS − Honeywell Leading the world in network-centric ICT solutions
Broadband - making Britain click BT’s UK-wide broadband coverage more than 90%, and to rise to 99. 6% by summer ’ 05 Cardiff: now 100% broadband enabled Pan-Wales coverage: 96% by summer '05 2. 5 m 2. 0 m End user connections now over 2. 5 m BT Wholesale Broadband 1. 5 m 1 m 0. 5 m 0. 0 m Mar Jun Sep Dec Mar 2002 2003 2004 Broadband at the heart of BT
Building a seamless converged service BT re-enters mobility by: Partnering with industry leaders Re-building the brand in the high street Acting as a virtual network operator Innovating through Wi-Fi – BT Openzone Launching converged services – e. g. Project Bluephone − enabling the mobile phone to “roam” onto the fixed network Create mobility services and solutions
Good value for money Consumer Business BT Together Option 1 customers on Standard migrated to Option 1 st July Option 1 price reduced £ 1 to £ 10. 50 per month BT Business Plan no UK or US call costs more than 10 p for an hour calls to key European countries cost no more than 20 p BT Together Option 2 price reduced from 1 st April by £ 1 to £ 6 per month (+ line rental) BT Local Business active in 73 locations billing over £ 1 bn of revenue BT Together Option 3 price reduced from 1 st April by £ 3 to £ 15 per month (+ line rental) Reinvent our traditional business
Financial discipline with cost leadership Savings to date across the business £ 1. 7 bn £ 1 bn Future savings programmes across the business 21 st Century Network savings 01/02 02/03 03/04 04/05 05/06 06/07 07/08 08/09 Good progress to date much more to come. . . Competitive advantage through cost leadership
21 st Century Network What? A single intelligent network to replace many legacy platforms Why? Driving efficiency Better range and quality of services for customers Speed to market When? Trials in 2004 Starting mass migration to new IP network - 2006 Broadband available as “dialtone” to most customers - 2009
BT’s values Trustworthy Helpful Inspiring Straightforward Heart On 4 May 2004 over 1, 300 senior managers went back to the floor ‘my customer’ challenge cup Hundreds of teams across BT competing to help improve customer satisfaction BT people providing a customer-centric organisation
Our customer promises When you make an appointment with us our engineers will do whatever they can to keep it When you call BT you can choose to opt out of the machine and talk to a real person If the first person you call at BT can’t help they’ll make it their top priority to find the person who can Improving customer satisfaction
41aa6941dee56e7d4f296455c45477ea.ppt