Market cheers as Telkom rings in robust results

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%.

- PHILIPPA LARKIN

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: