Telstra’s Full Year Result 6 Aug 21: Telstra (TLS) signals change ahead & dials up growth expectations

Australia’s largest telco has released full year profit results in-line with its own company guidance and what it calls a turning point in its financial performance and outlook. While Telstra still reported a double digit decline in total income of 11% to $23 billion and underlying EBITDA fell 9.7% to $6.7 billion. Encouragingly, second half underlying EBITDA performance was up on the first half.

 

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