TeamTalk posts another record result - Net Profit up 15.9%

28 Aug 2012

 

TeamTalk announced another record result today. The listed telecommunications company’s Net Profit after Tax rose 15.9% to $5.4 million for the 2012 year. Revenue also increased 2% to $32.4 million.

The group’s two lines of business, broadband and mobile radio, both reported increases in revenue. Broadband was the star performer with its EBITDA increasing 18.8% to just over $8 million. 61% of the group’s EBITDA now comes from broadband services.

“We’re certainly not text book” says Managing Director David Ware “We simply do whatever it takes to deliver on our promises. Our customers appreciate our straight forward approach and that’s why we continue to grow.”

Press Release: https://www.nzx.com/files/attachments/162326.pdf

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For more information please contact

David Ware, TeamTalk
0800 101-900