Telkom

Telkom (TKG) FY25 – Results Snapshot

Diluted HEPS of 461.0cps (FY24: 281.6cps).
Revenue from continuing ops increased by 3.3% y-y to R43 880m due to strong growth in mobile service revenue and fibre-related data revenue.
Operating margin from continuing ops up by 230bps to 11.5%, driven by mobile and fibre related revenue growth, along with effective cost efficiency programmes.
Total operating expenses from continuing ops increased by 2.3%y y-y with total operating expense to revenue of 92.0% (FY24: 92.9%).
Dividend of 163.0cps (FY24: nil).
Special dividend of 98.0cps.
Cashflow from operations increased by 38.2% y-y to R11 063m.
Gross debt decreased from R14.2bn to R11.6bn, while net cash increased from R3.7bn to R11.1bn. Net debt to EBITDA decreased from 1.11 to 0.05.
Masts and towers disposal concluded, with R6 618m cash proceeds received.