Chairman’s statement

In a year during which we actively broadened our trading strategy, we have made strong progress in growing our customer base and revenues in both our consumer and B2B businesses.

As a result we reported revenue growth of over 4%* and saw an improvement in profitability which allowed us to grow the dividend by the 15% to which we committed. I am pleased to report, therefore, that for FY15 the Board has declared a final dividend of 9.2p that, in addition to our interim dividend of 4.6p, gives a total pay-out for the year of 13.8p.

These are significant achievements that highlight the sustainable power of leveraging our network to deliver value for money products to consumers and businesses across the UK, while also creating value for shareholders. We are excited about the potential for the business to continue saving customers money and at the same time, growing against the background of a rapidly changing sector. It has been another year of significant change and challenge for our employees, and the Board and I would like to thank them for their efforts and for their continuing commitment to TalkTalk and to our customers.