TLS 0.28% $3.62 telstra group limited

this announcement saysTelstra reiterated its FY24 guidance and...

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    this announcement says
    Telstra reiterated its FY24 guidance and provided FY25 Underlying EBITDA guidance of $8.4 - $8.7 billion.
    Telstra also reaffirmed its commitment to delivering its T25 CAGR ambitions for Underlying EBITDA, EPS
    and ROIC growth.
    “Our continued confidence in our capacity to grow mobiles’ revenue and EBITDA, along with clear actions on
    cost out and to reset our Enterprise business, has allowed us to bring forward our Underlying EBITDA
    guidance for FY25,”

    from goldman sachs
    We remain confident that our forecast EBITDA of A$8.61bn is achievable for Telstra,
    should they implement their CPI-linked mobile price rises in FY25, deliver some further
    net productivity savings (largely attributed to Fixed Enterprise) and benefit from growth
    in their CPI-linked Infrastructure payments, most significantly the NBN recurring stream.
    In our view these drivers are very achievable, with limited productivity benefits assumed
    - suggesting upside risk to estimates in our view should Telstra deliver a greater
    proportion of the productivity savings it is targeting.

    see how the market reacts to the 8.4 number
 
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