Telstra Group Ltd
TLS: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$1.50 | Ytgbzr | Ppqfgnvd |
Fixed-Line Weakness Takes Shine off Telstra's Strong Mobile Performance
Business Strategy and Outlook
Telstra's performance during and since the depth of COVID-19 demonstrates the resilience of its earnings and the strength of its balance sheet, especially given the negative impact on high-margin roaming revenue was material during the pandemic. The AUD 2.7 billion cost-out program under T22 has been delivered and management is now focused on hitting the AUD 500 million cost reduction target under the T25 plan.