Sees FY24 adjusted EBITDA up 5.5%-7.5%. The company said, “TELUS’ financial targets for 2024 are guided by a number of long-term financial objectives, policies and guidelines, which are detailed in Section 4.3 of the 2023 annual MD&A. With these policies in mind, our financial targets for 2024, as presented in the table, reflect our expectations for continued strong subscriber growth across mobile and fixed, as well as continued investments in our leading PureFibre network and 5G deployment. Our strategic focus to drive increased cost efficiency is also expected to contribute to our financial outlook.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TU:
- TELUS reports operational and financial results for fourth quarter 2023; announces 2024 financial targets
- TU Upcoming Earnings Report: What to Expect?
- Telus downgraded to Reduce from Buy at Veritas
- TELUS report reveals majority of Canadians want regulation and ethics to guide the future of AI
- Stream+ from TELUS is bringing Canadians the ultimate streaming bundle with Netflix, Disney+ and Prime Video for an unbeatable price