Is the BT Group plc share price on the cusp of a stunning recovery? - Investomania
BT Group plc (LON:BT.A) (BT.A.L) is undergoing a period of significant change at the moment. It may also produce a more flexible business that is able to compete more effectively with its industry peers. However, BT’s strategy is set to now be implemented by a new CEO who starts work in that position within a matter of weeks. Having sought to shift its focus to sports rights and mobile in recent years, investors may prove to be sceptical about further revisions to strategy after three years of falling EPS. With the company expected to post further declines in EPS in the next two years, I believe it is still a long way from delivering a successful recovery from a financial standpoint.