Pay-TV company Sky has reported group revenue for the 12 months to 30 June up 5 percent to GBP 11.28 billion, with operating profit up 18 percent to GBP 1.40 billion. Across the five operating territories (UK, Ireland, Germany, Austria, Italy), Sky added 973,000 new customers, 45 percent more than the previous year, including 150,000 new customers in Q4. It increased the group paid-for subscription products by 4.6 million for the 12 months, including 829,000 new paid-for products in Q4. The UK and Ireland delivered revenues up 6 percent to GBP 7.82 billion for the 12 months, with operating profit up 12 percent to GBP 1.35 billion. Customer growth of 506,000 was the highest annual organic customer growth in 11 years and took the UK/Ireland customer base past the 12-million mark.

UK/Ireland customer growth in Q4 was 124,000, 65 percent higher than the previous year and the highest organic growth for a Q4 in six years. Paid-for product growth in the UK and Ireland for the year was 3.3 million to reach over 38 million products. Sky recorded 721,000 new subscription product sales in the UK/Ireland in Q4, boosted by accelerated growth across TV and broadband. Quarterly TV growth increased by 49 percent to 113,000, while broadband additions of 96,000 were up 92 percent year on year. Churn on a 12-month rolling basis was 9.8 percent, the lowest churn in 11 years. The Sky Go service surpassed 6 million registered households in the UK and Ireland by end-June. The company also connected more than one million set-top boxes to the internet to surpass 7 million connected households in the UK/Ireland.