Telstra nets $12bn in earnings, shares jump

From
http://www.news.com.au/business/stor...-14334,00.html

Telstra today reported a net profit of $1.9 billion for the half year ended
December 31, up from $1.7 billion in the previous corresponding period.
Revenue rose 6.2 per cent to $12.4 billion.

"We have again exceeded analyst consensus, delivering not only strong
top-line revenue growth but also accelerating earnings at the bottom-line,''
Telstra chief executive Sol Trujillo said.

"Our transformation is revitalising every aspect of the business and we now
rank at or near the top of our global peer group on many key financial
performance measures.''

Telstra shares jumped on the news, and were quoted at $4.86 at 10.21am AEDT,
up 3.6 per cent or 17 cents on the day.

Earnings upgrade

For the fiscal 2008 year, Telstra now expects total revenue to grow by 3 to
4 per cent, up from guidance of 2 to 3 per cent.

Earnings before interest, tax, depreciation and amortisation (EBITDA) is
forecast to grow by 4 to 5 per cent, up from guidance of 3 to 4 per cent.

Earnings before interest and tax is projected to grow by 6 to 8 per cent, up
from guidance of 5 to 7 per cent.

Telstra said its first half result was underpinned by strong sales across
all its retail business units and key product, including broadband, mobiles,
traditional fixed line or PSTN services and its online business Sensis.

"We are growing in the key markets of the future while securing our
traditional core business,'' Mr Trujillo said.

"Despite fierce price competition, we have again won broadband and post-paid
mobile market share from competitors and grown average revenue per user
(ARPU). We have again defied global trends by growing our retail PSTN
business.

"And given this strong overall performance, we have raised guidance,'' he
said.

Mr Trujillo said the company was committed to taking part in government
plans to set up a high speed broadband fibre-to-the-node network.

Telstra "looks forward'' to talks with federal communications minister
Stephen Conroy.

Alan Parkington <a.parkington@team.telstra.net> wrote:

> From
> http://www.news.com.au/business/stor...-14334,00.html

> Telstra today reported a net profit of $1.9 billion for the half
> year ended December 31, up from $1.7 billion in the previous
> corresponding period. Revenue rose 6.2 per cent to $12.4 billion.

> "We have again exceeded analyst consensus,

Well whoopy fucking do.

> delivering not only strong top-line revenue growth but also accelerating earnings at the bottom-line,'' Telstra chief
> executive Sol Trujillo said.

You'll have to pardon us if we dont actually cream our jeans.

> "Our transformation

There is no 'transformation', you pathetic excuse for a lying bullshit artist.

> is revitalising every aspect of the business

Bare faced lie.

> and we now rank at or near the top of our global peer group on many key financial performance measures.''

Bare faced lie.

> Telstra shares jumped on the news, and were quoted at $4.86 at 10.21am AEDT, up 3.6 per cent or 17 cents on the day.

That aint a jump, fuckwit.

> Earnings upgrade

> For the fiscal 2008 year, Telstra now expects total revenue to grow by 3 to 4 per cent, up from guidance of 2 to 3 per
> cent.

Pathetic.

> Earnings before interest, tax, depreciation and amortisation (EBITDA) is forecast to grow by 4 to 5 per cent, up from
> guidance of 3 to 4 per cent.

Pathetic.

> Earnings before interest and tax is projected to grow by 6 to 8 per cent, up from guidance of 5 to 7 per cent.

Pathetic.

> Telstra said its first half result was underpinned by strong sales across all its retail business units and key
> product, including broadband, mobiles, traditional fixed line or PSTN services and its online business Sensis.

Easy to claim, hell of a lot harder to actually substantiate that claim.

> "We are growing in the key markets of the future while securing our traditional core business,'' Mr Trujillo said.

Easy to claim, hell of a lot harder to actually substantiate that claim.

> "Despite fierce price competition, we have again won broadband

Anyone can buy market share, fuckwit.

> and post-paid mobile market share from competitors

Anyone can buy market share, fuckwit.

> and grown average revenue per user (ARPU).

And since you dont say by how much, bet that 'growth' is pathetic.

> We have again defied global trends by growing our retail PSTN business.

Another bare faced lie.

> "And given this strong overall performance, we have raised guidance,'' he said.

Well whoopy fucking do.

> Mr Trujillo said the company was committed to taking part in government plans to set up a high speed broadband
> fibre-to-the-node network.

How odd that you have also said that you arent interested in a consortium, liar.

> Telstra "looks forward'' to talks with federal communications minister Stephen Conroy.

It would be a fucking sight more surprising if you didnt, fuckwit.