| Updated:
BSkyB profit jumps thanks to HD customers
SATELLITE TV group BSkyB has reported a sharp jump in annual profits, fuelled by customers siging up for high definition (HD) services.
Profit for the year to the end of June wass £878m,
That was almost treble the £259m the broadcaster made in the previous 12 months.
Revenue jumped to £5.9bn, up more than ten per cent.
“We’ve had another good quarter to bring our financial year to a strong close,” said BSkyB’s chief executive Jeremy Darroch.
“HD continues to go from strength to strength.”