Australian telecom giant Telstra Corp. Ltd. (TLSYY.PK, TLS.AX, TLS) reported that its profit attributable to equity holders of Telstra Entity for the half-year ended 31 December 2023 rose to A$964 million or 8.3 cents per share from A$865 million or 7.5 cents per share in the prior year.
Total income (excluding finance income) increased by 1.2 per cent to A$11.72 billion including growth across mobile services, International, Telstra InfraCo Fixed and Amplitel. Income growth was partly offset by declines across mobile hardware, Fixed -C&SB, Fixed - Enterprise and Fixed - Active Wholesale.
The Directors of Telstra Group resolved to pay a fully franked interim dividend of 9.0 cents per share representing a 5.9 per cent increase on the prior corresponding period. Shares will trade excluding entitlement to the interim dividend from 28 February 2024 with payment to be made on 28 March 2024.
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Given the performance in NAS business, the company tightened its fiscal year 2024 Underlying EBITDA guidance range to A$8.2 billion to A$8.3 billion. Fiscal year 2024 guidance across other measures is reaffirmed.
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