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BRIEF-Telstra Sees H2 Underlying EBITDA In Range $3.3 Bln-$3.6 Bln

Published 11/02/2021, 08:11 am
Updated 11/02/2021, 08:12 am
© Reuters.

Feb 11 (Reuters) - Telstra Corporation Ltd TLS.AX :

* SEES H2 UNDERLYING EBITDA IN RANGE OF $3.3 BILLION - $3.6 BILLION

* EXPECTED FY21 TOTAL DIVIDEND OF 16 CENTS PER SHARE

* ESTIMATED COVID-19 IMPACT IN FY21 WAS UNCHANGED AT APPROXIMATELY $400 MILLION

* RANGE FOR FY21 TOTAL INCOME ADJUSTED FROM $23.2 BILLION - $25.1 BILLION TO $22.6 BILLION - $23.2 BILLION

* GROUP RESTRUCTURE IS EXPECTED TO BE COMPLETED BY END OF CALENDAR YEAR 2021

* NARROWS FY UNDERLYING EBITDA GUIDANCE FROM $6.5 BILLION-$7 BILLION TO BE $6.6 BILLION-$6.9 BILLION

* PLAN TO COMMENCE PROCESS FOR EXTERNAL STRATEGIC INVESTMENT INTO INFRACO TOWERS EARLY IN Q1 OF FY22 Source: https:// Further company coverage: TLS.AX

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