Company News Summary | 21 Mar 2017

Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified

TPG Telecom Provides HY17 Results Commentary

08:45:00 | Associate analysts

Original annuncemenet:HY17 Results Commentary

TPG Telecom announced record results for its half year ended 31 January 1H 2017. The EBITDA for the period increased by 8% to $473.4m. The NPAT for the period was $224.0m, an increase over 1H2016 of 11%. The Group delivered another cashflow result in 1H2017 with $434.8m cash generated from operations (pre-tax). The Group's 1H2017 Capital Expenditure of $330.2m comprised $108.0m in relation to Singapore and $222.2m in relation to the Australian business, up from $133.4m for the pcp. In light of the Group's cashflow and earnings growth, the Board of Directors has declared an increase to the interim FY2017 dividend by 14% to 8.0cps (fully franked), payable on 23 May 2017 to shareholders on the register on 18 April 2017.

This report appeared on 2018 Morningstar Australasia Pty Limited

© Copyright 2018 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

DISCLAIMER: To the extent that any of the content above constitutes advice, it is general advice that has been prepared without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain appropriate financial, legal and taxation advice before making any financial investment decision. If applicable, investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Please refer to our Financial Services Guide (FSG) for more information at FSG or phone Morningstar on 1800 03 44 55 to request a copy. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for any use or distribution of any of this information

DISCLOSURE: Employees may have an interest in the securities discussed in this report.