Friday preview: BT's third quarter revenues set to fall

2nd Feb 2012 15:49

Telecoms giant BT issues third quarter results in which comparisons with rival British Sky Broadcasting (BSkyB), which released figures earlier this week, will inevitably be made.UBS expects the figures to be solid, but points out that the company's competitors are set to up their game this year, with Netflix and LoveFilm competing for "video on demand" (VoD) custom.The broker expects third quarter revenues to fall 5.6% to £4,754m, down 2.1% on an underlying basis.INTERIM DIVIDEND PAYMENT DATEAveva Group, Bisichi Mining, Mothercare, Vodafone GroupINTERNATIONAL ECONOMIC ANNOUNCEMENTSFactory Orders (US) (15:00)Goods Orders (US) (15:00)ISM Non-Manufacturing (US) (15:00)ISM Services (US) (15:00)Non-Farm Payrolls (US) (13:30)PMI Composite (EU) (09:00)PMI Composite (GER) (08:55)PMI Services (EU) (09:00)PMI Services (GER) (08:55)Retail Sales (EU) (10:00)Unemployment Rate (US) (13:30)Q3BT GroupFINALSBanco Espirito Santo SAIMSSElectrocomponentsSPECIAL DIVIDEND PAYMENT DATEVodafone GroupUK ECONOMIC ANNOUNCEMENTSOfficial Reserves (09:30)PMI Services (09:30)FINAL DIVIDEND PAYMENT DATELonmin, Next Fifteen Communications, Schroder Asia Pacific Fund, Smiths News