Telstra Corporation Limited (ASX: TLS) has released its half year results for FY2020, which are in line with guidance and market expectations. The total income decreased by 2.8% to $13.4 billion and NPAT decreased 6.4% to $1.2 billion.
- Underlying EBITDA decreased by 6.6% to $3.9 billion and Underlying EBITDA without the in-year nbn headwind grew by roughly $90 million;
- The company declared interim dividend of 8 cents per share for 1H20 and has reconfirmed its FY20 guidance.
At AEST 12:56PM, the stock was trading at $3.740 per share, down by 2.094% from its previous close.
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