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Added to YB: 2026-06-29

Pitch date: 2026-06-25

BT-A.L [neutral]

BT Group plc

Author Info

No bio for this author

Company Info

BT Group plc provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Market Cap

GBP 19.2B

Pitch Price

N/A

Price Target

N/A

Dividend

4.27%

EV/EBITDA

5.75

P/E

18.06

EV/Sales

2.03

Sector

Diversified Telecommunication Services

Category

value

Show full summary:
Theodosian Capital | Stocks Update 25/6/2026 - BT/A – Pension teach-in

BT-A.L (overview): UK telecom held pension teach-in pre-June 2026 triennial valuation (results late 2026-H1 2027). Main BTPS DB scheme de-risking to predominantly bonds by 2034. Pension contributions step down from £780m to £680m (FY31), then £180m—long-term FCF tailwind. Trades 10.4x FY27 EPS, 4.5% yield.

Read full article (2 min)