M2 Telecommunications has released record interim results and delivered substantial organic growth across most key measures

M2 Telecommunications has released record interim results and delivered substantial organic growth across most key measures. The Company reported steady progress on the recent acquisitions of Eftel and Dodo, however, it is the organic growth that will please shareholders the most. CEO Geoff Horth said I am pleased to deliver on our promise of excellent organic growth, with a net addition of 50,000 services, while maintaining our strong financial performance and increasing returns to shareholders. The Company increased the interim dividend by 15% to $.115 and reaffirmed FY14 underlying NPAT guidance in the range of $85-$95 million. Release here: (VIEW LINK)


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