TLS 0.00% $3.93 telstra group limited

Reported in Oz,no longer find it. MELBOURNE (Dow Jones)--Telstra...

  1. 255 Posts.
    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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