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Sky TV warns of 2016 profit fall on new service investment

2015-10-21 06:01:34| Chemicals - Topix.net

Sky TV has warned shareholders today of a forecast drop in net profit of between $14 million and $16 million for the 2016 year due to higher costs rolling out new services and increased programming costs, including for the Rugby World Cup. The shares dropped 12 percent.

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