Telecommunications group Telkom on Tuesday said its full-year headline earnings jumped 30.1% from a year earlier, as data demand fuelled mobile and fibre revenue growth.
Telkom, majority owned by the government, said its headline earnings per share rose to 708.5 cents in the year to March 31, up from 544.5 cents a year earlier.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 13.3% to R12.5-billion on structural improvements in its cost base, resulting in EBITDA margin expanding to 28.1%.
Surge in revenue
Revenue rose 1.4% to R4.5-billion.
Pre-paid service revenue jumped 10.3%, fuelling a 6.8% increase in overall mobile business service revenue.
Mobile data revenue grew 10.5%, fibre-related data revenue by 6.3%.
Dividend payout ratio range increased to 40%-60% of free cash flow, from 30%-40%.
Final dividend of 270c per share was declared, up 65%.
- Telkom's full-year headline earnings rose 30.1%, driven by increased data demand boosting mobile and fibre revenues.
- Headline earnings per share increased to 708.5 cents from 544.5 cents in the previous year.
- EBITDA grew 13.3% to R12.5 billion, with an improved EBITDA margin of 28.1% due to structural cost improvements.
- Revenue climbed 1.4% to R4.5 billion, supported by a 10.3% rise in prepaid service revenue and growth in mobile and fibre data revenues.
- The dividend payout ratio was raised to 40%-60% of free cash flow, with a final dividend declared at 270 cents per share, up 65%.
Telecommunications group Telkom on Tuesday said its full-year headline earnings jumped 30.1% from a year earlier, as data demand fuelled mobile and fibre revenue growth.
Telkom, majority owned by the government, said its headline earnings per share rose to 708.5 cents in the year to March 31, up from 544.5 cents a year earlier.
Revenue rose 1.4% to R4.5-billion.
Pre-paid service revenue jumped 10.3%, fuelling a 6.8% increase in overall mobile business service revenue.
Mobile data revenue grew 10.5%, fibre-related data revenue by 6.3%.
Final dividend of 270c per share was declared, up 65%.
