Telstra Reports Continued Growth and Increased Dividends

Telstra Corporation Limited (AU:TLS) has released an update.

Telstra Corporation Limited reports a third consecutive year of underlying growth, driven by strong performance in its mobiles business and infrastructure sector, with notable EBITDA increases. Despite some challenges in the Fixed Enterprise division, the company remains confident in achieving its cost reduction goals by FY25. Shareholders can anticipate a 5.9% increase in total dividends for the year, reflecting the company’s firm commitment to growing shareholder returns over time.

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