With talk of a possible takeover deal and fierce competition in sports broadcasting, BSkyB came out swinging on Thursday with a set of market-beating figures for its first half.
BSkyB, the British satellite broadcaster, broadband and telephone services company posted first-half operating profit at £595 million ($985 million) versus a consensus for £586 million in a Reuters poll. Revenues also beat estimates with a figure of £3.75 billion against a prediction of 3.76 billion.
The company also raised its dividend from 11 pence to 12 pence, a rise of 9 percent and said it remains on track to meet expectations for the full year. Shares were higher by 3.1 percent in morning trade with analysts at Jefferies describing the figures as "robust growth in a polarized U.K. market."
"We've had a very good quarter," Andrew Griffith, the chief financial officer at BSkyB told CNBC Thursday. "Despite it being a really competitive marketplace customers are voting with their feet."