Brexit-ready BT sits back, watches profit rise in CEO's swansong quarter

Brexit-ready BT sits back, watches profit rise in CEO's swansong quarter

5 years ago
Anonymous $Dftgs0JzgE

https://www.theregister.co.uk/2019/01/31/bt_december_2018_trading_update/

BT's exiting chief exec Gavin Patterson is bowing out on a relative high as profits leapt by more than a quarter for the first nine months of this fiscal year, boosted by the cost-cutting programme.

Patterson, whose £1.3m pay packet caused some rumblings of dissent from shareholders, is to be replaced by ex-Worldpay boss Philip Jansen from 1 February.