Reported in Oz,no longer find it.
MELBOURNE (Dow Jones)--Telstra Corp. (TLS.AU) Chief Executive David Thodey has
reaffirmed earnings guidance, after a period he describes as one of the toughest in the
company's history, the Australian newspaper reported Wednesday.
Despite a series of analyst downgrades, Thodey said the company "would meet its
free cashflow guidance of $6 billion, which is a good performance", the newspaper
reported.
He also reaffirmed guidance of low single-digit revenue declines, steady earnings
margins and earnings before interest tax depreciation and amortisation growth in the low
single digits, the paper said.
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