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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
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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

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