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Financial review >> |
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BT’s Yellow Pages and other
directory businesses include the Yellow Book USA business acquired in August
1999. Turnover of £754 million has grown by 17.4% in the 2001 financial year,
substantially due to this acquisition. Turnover grew by 31% in the 2000
financial year, of which two-thirds is due to the acquisition. Turnover in the
UK business was broadly unchanged in the 2001 financial year in contrast to the
2000 financial year when the UK business grew by about 9%, partly reflecting
the good growth in the economy.
Yell contributed an
operating profit of £210 million before goodwill amortisation on turnover of
£778 million. The results include its US operations in its first full year. |
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