Telkom expects earnings jump in full-year results

Telecommunications group Telkom is expecting a jump in its earnings in the upcoming annual results for the year ended 31 March .

It notes that stronger operational performance driven by continued demand for the company’s next-generation technologies, along with cost-optimisation initiatives, contributed to improved earnings. Reported earnings before interest, taxes, depreciation and amortisation grew by approximately 18%, while normalised EBITDA grew in line with guidance at approximately 5%.

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