Telstra continues to deliver revenue, profit and customer growth

Telstra has recently announced that the telecommunications company will continues its strategy to deliver financial benefits. In the past six months leading to 31 December 2011, Telstra has experienced significant growth in revenue, EBITDA and net profit, as well as a strong rise in the number of customers.

“Last year we recorded one of our best years for customer growth. This momentum has continued into the first half of fiscal 2012,” said Chief Executive Officer, David Thodey.

“Our superior networks and competitive offers are being recognised and valued by new and existing customers. We are also seeing improvement in Telstra’s customer service with TIO complaints down 24% over the year, though we still have more work to do.”

The telecommunications franchises company has also confirmed its guidance for fiscal 2012 and announced a 14 cent interim dividend.

The reported results for the six months to December 2011 included:

• A total revenue increase by 1.1%
• EBITDA increased by 3.7%
• Net Profit After Tax increased by 22.9%
• Capex to sale ratio of 13.8%; and
• Free cash flow of $1,795 million

• 958,000 domestic mobile customers, including 338,000 postpaid handheld and 436,000 mobile broadband customers
• 106,000 fixed broadband customers
• 166,000 T-Box® and T-Hub® services
• 206,000 customers on bundled multi-product plans, with the total bundled base now more than 1.2 million