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Market cheers as Telkom rings in robust results
Cape Times
|June 11, 2025
THE market on Tuesday cheered as Telkom rang in robust results for the year ended 31 March and resumed its dividend, which saw its share surge 7%.
In morning trade the share was up 7.35% at R42.95 on the JSE.
Telkom said mobile subscribers were up 13.4% to 23.2 million.
Serame Taukobong, Telkom Group CEO said, “The company has largely modernised its technology infrastructure and executed on a robust, detailed strategy across its operations. The financial results for FY2025 confirm that the business has not only stabilised but has built a platform for accelerated growth."
In key financial metrics, adjusted headline earnings per share rose 102.4% to 583.2 cents; while adjusted basic earnings per share were up 128.9% to 681.7 cents. Ebitda was up 25.1% to R11.8 billion; while revenue rose 3.3% to R43.9bn; with free cash flow up 555.2% to R2.8bn.
Taukobong said Telkom's differentiated strategy over the past year centred on three key pillars:
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