TPG reaffirms guidance after interim underlying profit jumps


TPG reaffirms guidance after interim underlying profit jumps
  1. TPG reaffirms guidance after interim underlying profit jumps
    theage.com.au
    Telecommunications company TPG has reported nearly 30 per cent growth in underlying profit for the first half of the current financial…
    Health

Telecommunications company TPG has reported nearly 30 per cent growth in underlying profit for the first half of the current financial year. 

Revenue was up 8 per cent to $1.2 billion and net profit was $224 million. This gave TPG an underlying net profit of $207.5 million, a 28 per cent increase on the $162 million underlying profit in the first half of 2015-16. 

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Management reaffirmed guidance of earnings between $820 million and $830 million for the full year. Management reaffirmed guidance of earnings between $820 million and $830 million for the full year.  Photo: Rob Homer

The company declared an interim dividend of 8¢ a share, a 14 per cent increase, fully franked and pa…

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