Telstra’s full-year profits have fallen by more than 4.6 per cent to $1.81 billion, but the telco has managed to lift its final dividend by just over a per cent to 8.5¢ per share.
have fallen by around 4.6 per cent to $1.81 billion, but the telco has managed to lift its final dividend by just over a per cent to 8.5¢ per share.
Revenue fell 1.3 per cent to $21.28 billion, and earnings fell by 5 per cent to $7.26 billion – but this is within analyst expectations and Telstra’s earlier guidance. On the latter, the mobile segment grew by $700 million of earnings before interest, tax, depreciation and amortisation, and post-paid per-user revenues were up by 2.9 per cent.Performance in the consumer and small business market was, however, more challenged as the “tail end of the NBN migration” continued to hurt earnings. Still, Telstra was confident this had “bottomed” and said per-user revenues were also on the way up in this segment.
“Telstra is a very different company today and while of course there is always more to do, we are much better equipped to face the very exciting digital future ahead.“
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