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Sky posts 20 percent jump in profit on broad demand

Reuters - UK Focus

LONDON, April 21 (Reuters) - Solid (KOSDAQ: 050890.KQ - news) demand for pay-TV in Britain and an improving picture in Germany and Italy helped Sky (LSE: SKY.L - news) Plc to post an as expected 20 percent jump in nine-month profit on Tuesday.

Sky (Other OTC: BSYBF - news) , which formed from the combination of Britain's BSkyB, Sky Deutschland (Other OTC: SKDTY - news) and Sky Italia to serve 20 million customers in Europe, said the group had enjoyed record growth in Germany and Austria, and its best third-quarterly performance in Italy for three years.

Sky posted nine-month operating profit of 1.03 billion pounds ($1.53 billion), in line with a company-supplied consensus.

($1 = 0.6725 pounds) (Reporting by Kate Holton; Editing by Neil Maidment)