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General

Telkom FY results up as mobile turns first profit

Monday 5 June 2017 | 11:33 CET | News
South African operator Telkom's net revenue increased by 7.9 percent to ZAR 31.9 billion for the year ending 31 March, boosted by the full consolidation of BCX and a solid performance from the mobile business. EBITDA was flat at ZAR 10.9 billion, with a margin of 26.7 percent, in line with the operator's outlook. The mobile business contributed EBITDA of ZAR 660 million, its first profit after four years of losses. Headline earnings per share (HEPS) increased 12.4 percent to ZAR 7.31, and Telkom raised its annual dividend by 56.3 percent to ZAR 4.22 per share.

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Categories: General
Companies: Telkom
Countries: South Africa
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