Telstra Group Limited Adr ( (TLGPY) ) has released its Q2 earnings. Here is a breakdown of the information Telstra Group Limited Adr presented to its investors.
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Telstra Group Limited, a leading telecommunications and technology company in Australia, specializes in providing mobile, fixed network, and technological services across various sectors. In its latest earnings report, Telstra announced a 1.5% increase in revenue, reaching $11.6 billion, and a 7.1% rise in profits, totaling $1.1 billion for the half-year ending in December 2024. Key financial highlights include a 6% increase in EBITDA to $4.2 billion and a notable 54.1% growth in free cash flow. The company declared an interim dividend of 9.5 cents per share and announced a share buy-back program worth up to $750 million, showcasing financial strength and confidence. Telstra demonstrated robust performance across its mobiles and infrastructure segments, with significant EBITDA growth driven by strategic cost management and customer expansion. Looking ahead, Telstra maintains its growth outlook, focusing on earnings increase, capital discipline, and strategic investments, underscoring a positive future trajectory.