TELSTRA CORPORATION (TLS) lifts dividend and reaffirms FY15 guidance

Bell Potter

Stockbroker

TELSTRA CORPORATION (TLS) lifts dividend and reaffirms FY15 guidance. After excluding the $561 million profit on sale of CSL in 2014, Telstra's income and EBITDA guidance for 2015 is broadly flat. Telstra expects 2015 free cashflow of between $4.6 billion and $5.1 billion and capexto be around 14% of sales. Today's share price reaction: steady $6.49(11.31 am). Recommendation: Neutral rating likely to be retained. Read more here (VIEW LINK)


Bell Potter
Stockbroker

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment