M-o-t-l-e-y F-o-ol J. Mickelboro 16.1.23 said"Telstra share...

M-o-t-l-e-y F-o-ol J. Mickelboro 16.1.23 said

"Telstra share price on watch amid strong growth

• Total income up 6.4% to $11.6 billion
• Earnings before interest, tax, depreciation and amortisation (EBITDA)up 11.4% to $3.9 billion
• Net profit after tax (NPAT)up 25.7% to $0.9 billion
• Earnings per share (EPS)up 27.1% to 7.5 cents per share
• Freecash flowafter lease payments (FCFaL) of $1 billion
• Fullyfrankedinterimdividendup 6.3% to 8.5 cents per share

What happened during the half?

For the six months ended 31 December, Telstra reported a 6.4% increase in total income to $11.6 billion. This was driven by momentum from its mobiles business and support from the acquisition of Digicel Pacific.

The star of the show was Telstra’s mobile business, which reported continued growth in revenue, average revenue per users (ARPU), services in operation (SIO), and earnings. Mobile services revenue was up 9.3%, assisted by the return of international roaming. Postpaid handheld ARPU was up 4.5% and SIOs up a net 68,000. Prepaid handheld revenue was up 28.7% with unique users up 137,00.

Outlook

Telstra has reaffirmed its guidance for FY 2023 across all measures.

However, it now expects its income to be at the bottom end of guidance due to mobile hardware and fixed product revenues being lower than expected.

Telstra’s guidance is for:

• Total income of $23 billion to $25 billion
• Underlying EBITDA of $7.8 billion to $8 billion
• Capex $3.5 billion to $3.7 billion
• FCFaL of $2.6 billion to $3.1 billion

Looking further ahead, management has reiterated its commitment to its $500 million (my emphasis) FY 2025 cost out ambition".

https://www.**promotion blocked**.au/2023/02/16/telstra-share-price-on-watch-amid-strong-half-year-profit-growth/
(Google " fool Telstra share price etc." to open the link fully)