Telstra shares rise as investors take comfort in underlying results

15 August 2024

 

 

Telstra Group (TLS)– Australia’s largest Telco – posted a 16% fall in its full-year profit, as improved mobile earnings were balanced by the weakness in its Enterprise business and one off costs.

You might also like...

Reporting Season Preview 25 Jul 24: Results due as ASX breaches record high

25 Jul 2024

August is one of the most important times of the year for investors. Hundreds of Aussie companies will post their annual results for the 12 months to June 2024. Market Analyst Steven Daghlian previews everything you need to know. 

9:52

CSL shares knocked for six despite bigger profits & larger dividend

13 Aug 2024

CSL Limited – Australia’s 3rd largest company – posted a lift in revenues, profits and dividend for the 12 months to 30 June 2024. While its largest unit, CSL Behring recorded double-digit growth in revenue, both Seqirus and Vifor posted more modest improvements.  

3:42

Rio Tinto’s Half Year Result: Higher profit and a focus on growth

31 Jul 2024

Rio Tinto (RIO) - the world’s second largest miner by market value - posted a 14% lift in net profit and slightly higher sales revenue. The improvement in underlying EBITDA was supported by its copper and aluminium segments. Rio declared an interim dividend of US$1.77 per share, steady from the same time last year.

3:19

 This content is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (the Bank) and a Market Participant of ASX Limited and Cboe Australia Pty Limited.  All information contained herein is provided on a factual or general advice basis and is not intended to be construed as an offer, solicitation or investment recommendation in any way.  It has been prepared without taking into account your individual objectives, financial situation or needs. Past performance is not a reliable indicator of future performance.  CommSec, the Bank, our employees and agents may receive a commission and / or fees from transactions and / or deal on their own account in any securities referred to in this communication and may make investment decisions that are inconsistent with the recommendations or views expressed within this communication.  Any comments, suggestions or views presented herein may differ from those expressed elsewhere by CommSec and / or the Bank. The content may not be used, distributed or reproduced without prior consent and any unauthorised use of the content may breach copyright provisions.  CommSec does not give any representation or warranty as to the accuracy, reliability or completeness of any content including any third party sourced data, nor does it accept liability for any errors or omissions.  CommSec is not liable for any  losses or damages arising out of the use of information contained in this communication. This communication is not intended to be distributed outside of Australia.

 

© Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. CommSec is a Market Participant of ASX Limited and Cboe Australia Pty Limited, a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited.

The information on this page has been prepared without taking into account your objectives, financial situation or needs. For this reason, any individual should, before acting on this information, consider the appropriateness of the information, having regards to their objectives, financial situation or needs, and, if necessary, seek appropriate professional advice.

CommSec does not give any representation or warranty as to the accuracy, reliability or completeness of any content on this page, including any third party sourced data, nor does it accept liability for any errors or omissions.

Top