Telstra today announced that its strategy continues to deliver financial benefits. Results for the six months to 31 December 2011 show growth in revenue, EBITDA and net profit and strong growth in the number of customers. The company also confirmed guidance for fiscal 2012 and announced a 14 cent interim dividend.
“Last year we recorded one of our best years for customer growth. This momentum has continued into the first half of fiscal 2012,” Chief Executive Officer David Thodey said today.
“Our superior networks and competitive offers are being recognised and valued by new and existing customers. We are also seeing improvement in Telstra’s customer service with TIO complaints down 24% over the year, though we still have more work to do,” he said.
The reported results for the six months to December 2011 were:
Total revenue increased by 1.1% or $136 million to $12,419 million
EBITDA increased by 3.7% or $170 million to $4,750 million
Net Profit After Tax increased by 22.9% or $274 million to $1,468 million
Capex to sales ratio of 13.8%, with accrued capital expenditure of $1,715 million
Free cash flow of $1,795 million
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