Edition:
United Kingdom

BT Expects IFRS 16 To Have A Positive Impact On 2019/20 EBITDA Of About 0.7 Bln Stg


Wednesday, 3 Jul 2019 

July 3 (Reuters) - BT Group PLC ::BT ANNOUNCES IFRS 16 19/20 OUTLOOK & OTHER CHANGES.BT EXPECTS IFRS 16 TO HAVE A POSITIVE IMPACT ON 2019/20 EBITDA OF C.£0.7BN, WITH NO IMPACT ON REVENUE OR CASH FLOW.BT DOES NOT EXPECT ADOPTION OF IFRS16 TO IMPACT ITS CREDIT RATING.