Telstra's impressive performance

by Stuart Corner

Thursday, 09 August 2007

Page 1 of 2 ! Telstra has delivered a stunning full year performance with a $110 million write down of The Trading Post one of the few blemishes. Sales revenue for the full year grew 4.2 percent or $961 million to $23.7 billion, ahead of guidance of a 2.5 to 3.0 percent increase. Profit after tax was $3.3 billion, up $92 million or 2.9 percent on the previous year. Underlying EBIT also beat guidance for the year, growing 7.1 percent to $5.8 billion compared with an expected 3 to 5 percent increase. This figure fell to 5.1 percent when the Trading Post write down was included. CEO So Trujillo said: "Trading Post print classifieds disappointed due to the rapid changes in the market, while online classifieds continued to grow." Retail broadband revenue grew 66.2 percent or $483 million to $1.2 billion. The number of retail broadband customers grew to 2.4 million, with 516,000 added in the second half and 900,000 for the full year. In the second half Telstra reported boosting its share of the retail broadband market two percentage points to 47 percent while growing ARP by 7.7 percent year on year. PSTN products revenue fell $309 million to $7.2 billion, a decline of 4.1 percent compared with a 6.8 percent drop in fiscal 2006. However in the second half Telstra was able to hold the revenue decline to just 2.5 percent. Across the year residential PSTN lines grew by 54,000 while wholesale SIOs decreased 180,000: a total SIO decline of just 1.8 percent to 9.76 million. Total mobile revenue grew 13.9 percent or $695 million to $5.7 billion, reflecting continued customer growth and higher ARPU. Mobile services revenues grew at 9.8 percent. Total mobile SIOs stood at 9.2 million, up 320,000 in the second half and 683,000 for the year. Non-SMS data revenue rose 92.4 percent. Mobile data now accounts for 25 percent of mobile service retail revenue, up six percentage points, with more than 300,000 laptop datacard users generating monthly ARPU exceeding $100. << First page <   1 2 Next page > Last page - Post your comment >>

 

< Next story in category		Previous story in the category >

Visitors last 30 days Suscribers

904,266 13,751