🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Shares

BRIEF-Telstra says in 2016, it expects to deliver mid-single digit income growth

Published 18/02/2016, 08:28 am
© Reuters.  BRIEF-Telstra says in 2016, it expects to deliver mid-single digit income growth
TLS
-

Feb 18 (Reuters) - Telstra Corporation Ltd TLS.AX :

* Says telstra's guidance for financial year 2016 remains unchanged

* In 2016, Telstra expects to deliver mid-single digit income growth and low-single digit EBITDA growth

* Free cashflow is expected to be between $4.6 billion and $5.1 billion"

* In FY 2016 capital expenditure to be around 15 per cent of sales

* "Andrew Penn Said Telstra was on track with its productivity program, with a renewed focus on fixed costs"

* Source text for Eikon ID:nASX9gZZTd

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.