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Telstra grows H1 profit 8.8% to AUD 1.6 bln

2013-02-07 02:10:00| Telecompaper Headlines

(Telecompaper) Telstra saw its net profit for the first half ended 31 December 2012 rise 8.8 percent to AUD 1.6 billion from AUD 1.5 billion a year earlier. Total revenues grew 1.7 percent to AUD 12.7 billion from AUD 12.5 billion a year earlier, as mobile, NAS, and international revenue growth offset declines in fixed, media, and data and IP revenues. EBITDA went up 5 percent to AUD 5 billion, which included the AUD 130 million impairment for TelstraClear which was related to the loss on foreign exchange over the period the company held the asset. Free cashflow totalled AUD 2.16 billion, up 20.1 percent. Telstra ended the period with 6.7 million retail fixed-line customers, down by 178,000, and the number of retail broadband customers grew by 85,000 to 2.7 million. The mobile base went up by 607,000 new customers in the period to 14.4 million. Capex in the six month period was up 10.2 percent to AUD 1.89 billion. Telstra also announced a AUD 0.14 fully franked interim dividend. The company confirms fiscal 2013 guidance of low single digit total income and EBITDA growth, with free cashflow of between AUD 4.75 billion and AUD 5.25 billion. Telstra expects capital expenditure to be around 15 percent of sales.

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Category:Telecommunications

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