News Leader
WATCH: How Telkom beat profit expectations
27 May 2019 - 17:43 Business Day TV
Telkom has reported an 8.5% rise in earnings before interest, tax, depreciation and amortisation (ebitda) to R11.3bn. According to Bloomberg data, analysts expected ebitda of R10.9bn.
Profit after tax rose 11.5% to R3.3bn and the group says it will pay a final ordinary dividend of 249c, taking the full-year dividend to 362c, a 2% increase.
Business Day TV sat down with Telkom CEO Sipho Maseko to discuss the results in more detail.
CEO Sipho Maseko spoke to Business Day TV about the company’s better-than-expected full-year results
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