TPG Telecom (ASX:TPG) posted in-line 2025 earnings before interest, taxes, depreciation and amortization (EBITDA) and a beat on continuing net profit after tax (NPAT), with broadly steady 2026 guidance, according to a Friday note by Jarden Research.
On Friday, the company reported 2025 underlying earnings of AU$0.037 per share on revenue of AU$5.04 billion, compared with underlying earnings of AU$0.005 on revenue of AU$4.91 billion a year earlier.
The company expects EBITDA to range between AU$1.67 billion and AU$1.74 billion, with capital expenditure on an additions basis projected to be around AU$750 million.
The investment firm noted that mobile subscriber trends were mixed, though group performance remained solid with strength in digital first evident, while postpaid subscribers declined during the period due to the timing of price increases.
Jarden reaffirmed an overweight rating and AU$3.95 price target on TPG Telecom.
TPG Telecom's shares fell 3% in recent Friday trade.
Comments