Telstra to lower dividend as investment accelerates

Thursday 17 August 2017 | 11:41 CET | News
Australian operator Telstra reported total income from continuing operations of AUD 28.2 billion for financial year 2017, an increase of 4.3 percent year-on-year. EBITDA increased 2.0 percent to AUD 10.7 billion, while basic earnings per share on a reported basis increased 2.8 percent to 32.5 cents. On a guidance basis, Telstra said it increased total Income by 4.3 percent and EBITDA by 4.5 percent. Excluding the proceeds from the FY16 sale of Autohome, net profit increased 1.1 percent on a reported basis from continuing operations.

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Categories: General
Companies: Telstra
Countries: Australia
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