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Earnings Analysis: 
BskyB Revenue Up 6%, Reinshaw Sales Up 12%
Author: Mayank Mehta
123jump.com
Last Update: 9:09 AM ET January 28 2009



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3:30PM London – British Sky Broadcasting Group plc revenue rose 6% and net profit was £166 million. Renishaw plc revenue climbed 12% and net profit slipped 6%.

British Sky Broadcasting Group plc, operate a pay television broadcast service in the United Kingdom and Ireland said first-half revenues rose 6% to £2.6 billion from £2.46 billion a year earlier. Net profit in the first-half was £166 million or 9.5 pence per diluted share compared to net loss of £112 million or 6.4 pence per share a year earlier.

British Sky Broadcasting Group plc, in the last one year traded as high as 599.50 pence in February 2008 and as low as 310.50 pence in October 2008. Based on the yesterday’s closing price of 465.50 pence the company has market cap of £7.99 billion.

Renishaw plc, engineering company said first-half revenues climbed 12% to £102.67 million from £91.64 million a year earlier. Net profit in the first-half slipped 6% to £11.37 million or 15.4 pence per diluted share compared to net profit of £12.05 million or 16.6 pence per share a year earlier.

Renishaw plc, in the last one year traded as high as 895.00 pence in September 2008 and as low as 285.00 pence in January 2009. Based on the yesterday’s closing price of 348.00 pence the company has market cap of £243.48 million.
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Market data: BATS Exchange. Inc.

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