Sky: profit of £1.4m (+18%) and nearly one million new net subscribers (2015 fiscal year)

Sky recorded 973,000 new subscribers (net), including 455,000 in the UK and Ireland between 01/07/2014 and 30/06/2015, a number of new subscribers up 45% from the previous evolution, the pay-TV conglomerate announced during the presentation of its 2015 annual results on 29/07/2015.

The adjusted turnover group stood at £11.3bn (€16bn), up 5%, of which £7.8bn (€11.1bn) was in the United Kingdom and Ireland, up 6%, and then £1.4bn in Germany and Austria (+9%), and £2.1bn (€3bn) in Italy, down 3%. Operating profit reached £1.4m (€1.9m), up 18% year-on-year.

The number of subscribers crossed the 12 million in the UK and Ireland. Sky recorded a churn rate (client loss) of 9.8% over those territories in the fourth quarter of the fiscal year, from 01/04 to 30/06/2015 (- 1.1 points in one year, the lowest in 11 years), also a churn rate lower than 10% in Germany, Austria, and Italy. This performance is the "direct result of the investments we have made in connected services and quality content. 7 million customers are now connected," said Jeremy Darroch, CEO of Sky.

• The revenues from Sky…