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LONDON, Feb 2 (Reuters) - BT, Britain's biggest broadband and mobile provider, broadly met market forecasts with a 25 percent rise in third-quarter pretax profit and said it remained confident about its full-year outcome.
Pretax profit for the quarter was 660 million pounds ($941 million) on revenue of 5.97 billion pounds, down 3 percent on a year earlier, it said on Friday.
"Our third quarter financial results are broadly in line with our expectations and we remain confident in our outlook for the full year," Chief Executive Gavin Patterson said on Friday.
Patterson has had to balance multiple demands on BT's cash flow - including investing in fiber networks, securing Premier League soccer rights for its TV service and plugging a hole in its pension - as well as maintaining its progressive dividend policy.
It announced a more ambitious plan to take ultrafast full-fiber broadband to 3 million homes and businesses on Thursday.
BT is also restructuring its Global Services division, the source of a profit warning in its previous financial year, against a backdrop of tough market conditions. It said the order intake for the division in the third quarter was down 25 percent.
"We are delivering against our strategy, capitalizing on opportunities and responding to market challenges with a robust set of actions," Patterson said.
The company's outlook for the full year sees broadly flat underlying revenue and core earnings falling to between 7.5 billion and 7.6 billion pounds.
Analysts doubt it can meet its earnings target though, predicting they will come in below that range at 7.475 billion pounds, according to Thomson Reuters data.
($1 = 0.7011 pounds) (Reporting by Paul Sandle; editing by Kate Holton)