Telstra Full Year Result - TLS posts bigger profit and announces $1.5bn share buyback

CommSec

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Telstra (TLS) posted a 36.6% lift in annual profit to $5.78bn while underlying numbers were largely in-line with expectations. The result was buoyed by a bigger than expected contribution from its NBN business, but held back by weaker income in Mobile. TLS received a $1.8bn boost from the sale of its stake in Chinese car site Autohome. For more Reporting Season coverage, please visit (VIEW LINK)


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CommSec
Online Stockbroker
Online Stockbroker

CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...

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