TLS telstra group limited

Just more word games;“It represents a turning point in our...

  1. 6,633 Posts.
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    Just more word games;

    “It represents a turning point in our financial trajectory. Our second half underlying EBITDA was up on the first half, and our guidance for FY22 underlying EBITDA is $7.0-7.3 billion, which represents mid to highsingle digit growth. FY21 NPAT and EPS were up 3.4 per cent and 2 per cent respectively.

    “We are clearly building financial momentum and I am very pleased to be able to say that our underlying business will return to full-year growth in FY22.

    "Reported EBITDA decreased 14.2 per cent to $7.6 billion. After adjusting for lease accounting on a like-for-like basis, EBITDA decreased 11.5 per cent to $7.4 billion....
    On a guidance basis Underlying EBITDA decreased 9.7 per cent to $6.7 billion"

    It is clear EBITDA is still shrinking, somehow NPAT managed to increase a few percent to 1.9B (it was 3.5B in FY18), so im not sure what he is referring to when he says "clearly building financial momentum".

    I think Penn is PREDICTING a turning point based on his own forecast for FY22

    "Basic earnings per share were 15.6 cents, up 2 per cent year on year. Shareholders will receive a fully-franked final dividend of 8 cents per share, including an ordinary dividend of 5 cents, and a special dividend of 3 cents. This brings the total dividend for the year to 16 cents per share, returningapproximately $1.9 billion to shareholders."

    Dividend still unsustainable;
    Last edited by bug1: 12/08/21
 
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