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General

Telstra to return to EBITDA growth by FY22, ROIC target updated to 8% by FY23

Thursday 12 November 2020 | 12:31 CET | News
Telstra has reconfirmed its FY21 guidance provided in August. The NBN rollout is complete and Telstra reports it is more than half way through its T22 strategy, thus the company now expects to turn underlying EBITDA back to growth by FY22. Telstra also hopes to deliver underlying EBITDA of AUD 7.5 billion – AUD 8.5 billion by FY23.

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Categories: General
Companies: Telstra
Countries: Australia
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