Telstra Profit Results

Submitted by Share Trading on 10 August, 2012 - 09:45

Australian telecommunications giant, Telstra (ASX:TLS) announced its profit results for the year to June 30.

  • First annual profit growth since 2009.
  • Revenue $25.5 billion, up 1.1%
  • EBITDA $10.2 billion, up 0.8%
  • Net Profit $3.4 billion, up 5.4%
  • Earnings per share 27.5 cents, up 1.4%
  • Results show Telstra's refocusing away from declining business lines to mobile
  • Shares are up almost 40 percent since August last year
  • 13.8 million customers in mobile business, added 1.6 million in the last year
  • 14% of Australia are mobile only households, up 2 percent
  • 1.4 million broadband customers, up 336,000
  • 10 month head start to its competitor in 4G, connected 375,000 devices to 4G network
  • Dividends payout to be 28 cents per share in 2012/13 financial year
  • Invests an extra $500 million in mobile and national broadband networks over next two years
  • Telstra has a $11 billion deal with government to decommission its copper network

Telstra has announced a 14 cent fully franked final dividend per share with an ex div date of 22nd of August 2012. TLS shares closed 2.27% lower at $3.88 per share.