Telkom's culture shaping programme will play an important part in creating an environment where our people can flourish and give of their best. The presentation will be available for all stakeholders on the Group's website,
Following an extensive and robust process and in accordance with paragraph 3.75 of the Listings Requirements of the JSE Ltd., shareholders are advised that Board of Directors / Audit Committee intends to nominate for approval by Telkom? This rating action follows the weakening of the South African government? s lowering of the South African sovereign ratings on 9 June 2017. s reported earnings were impacted by voluntary severance packages (VSPs) and voluntarily early retirement packages (VERPs) of R2 193 million with a related tax benefit of R 517 million while the current year impact is significantly lower at R66 million with a related tax benefit of R13 million. and in accordance with paragraph 4.26 of the JSE Debt Listings Requirements, noteholders are hereby advised of the Company? However, having conducted a stress test to assess the company? The prior period reported earnings were impacted by voluntary early retirement packages (VERPs) and voluntary severance packages (VSPs) of R1 523 million with a tax benefit of R446 million.
s shareholders at the forthcoming Annual General meeting to be held on 23rd August 2018 the appointment of PWC and Sizwe Ntsaluba Gobodo (SNG) as Telkom? For commentary on detailed ratings taken on Telkom please refer to the Moody? As a result, the reported headline earnings per share (HEPS) is expected to increase between 110% and 130% when compared to the prior year. s resilience under a hypothetical sovereign default scenario which includes stress on earnings and a devaluation of the South African rand, the agency limits the differential to one notch. s rating outlook could, in future be revised to stable if similar action on South Africa? The interim results are available on the following link: Telkom is currently finalising its interim results for the six months ended 30 September 2016, which will be released on the Stock Exchange News Service (? As a result, the reported headline earnings per share (HEPS) is expected to increase between 370% and 390% when compared to the previous corresponding period.
Telkom refers shareholders to the Minister of Finance? Revenue from continuing operations increased to R37.3 billion (R32.8 billion).
s comments in his Medium Term Budget Policy Statement with regard to the sale of the Government of the Republic of South Africa? EBITDA remained unchanged at R8.8 billion (R8.8 billion), while, operating profit was R3.3 billion (R3.3 billion).
The SATS Integrated Operations Control Centre, which acts as the command centre for business units within SATS (Passenger Service, Apron, Security, LCC, Catering and Cargo), is a single point of contact for airline customers and regulators.
It serves as the nexus providing Exception Management Services such as Flight Disruption Management, Operational Problem Management and Crisis Management.
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Telkom is currently finalising its annual results for the twelve months ended 31 March 2018, which will be released on the Stock Exchange News Service (? This is due to a significant increase in our effective tax rate from the 15.2% in the prior year to slightly below the South African corporate tax rate and higher labour costs driven by both inflationary and market related adjustments. s reported earnings were impacted by voluntary severance packages (VSPs) and voluntarily early retirement packages (VERPs) of R66 million with a related tax benefit of R13 million.31 March 2017 Reported earnings; Expected change and 31 March 2018 Expected earnings *Basic earnings per share Reported: 738.8 cents; 15% ? 554.1 cents *Excluding VSP and VERP: 749.1 cents; 15% ? 561.8 cents *Headline earnings per share Reported: 721.1 cents; 15% ? 541.1 cents *Excluding VSP and VERP: 731.4 cents; 15% ? 548.6 cents The Group's annual results for the twelve months ended 31 March 2018 will be released on SENS on with a presentation in Centurion on the same day. s conservative capital structure combined with an expectation for single-digit net revenue growth and an average EBITDA margin of about 24% is what S-P cited as the primary reasons for maintaining our current rating position.
s approximate 39% shareholding in Telkom as stated below: "To ensure the expenditure ceiling is not breached, we have decided to dispose of a portion of government? Telkom is not aware of any further details and will advise shareholders once further details become available. Profit attributable to owners declined to R2.2 billion (R3.1 billion).