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By John Biju and Ayushman Ojha
(Reuters) -Top Australian telco Telstra raised its earnings forecast for fiscal 2025 on Thursday, prompting investors to overlook a 13% decline in annual profit and sending its shares to a six-month high.
Telstra lifted the bottom end of its underlying earnings before interest, taxes, depreciation and amortization (EBITDA) guidance range for 2025 to A$8.5 billion-A$8.7 billion ($5.63 billion-$5.76 billion), from its previous A$8.4 billion and A$8.7 billion.
This...
>>> Read more: Telstra hits 6-month high on upbeat 2025 forecast
(Reuters) -Top Australian telco Telstra raised its earnings forecast for fiscal 2025 on Thursday, prompting investors to overlook a 13% decline in annual profit and sending its shares to a six-month high.
Telstra lifted the bottom end of its underlying earnings before interest, taxes, depreciation and amortization (EBITDA) guidance range for 2025 to A$8.5 billion-A$8.7 billion ($5.63 billion-$5.76 billion), from its previous A$8.4 billion and A$8.7 billion.
This...
>>> Read more: Telstra hits 6-month high on upbeat 2025 forecast
