Q2 Operating Highlights
1 Excluding exceptional items and one-off TV launch costs
2 Excluding exceptional items
Dido Harding, Chief Executive of TalkTalk commented:
These results show real trading momentum and are a strong platform from which to build towards our medium term growth targets. We have successfully launched our TV proposition and have installed 29,000 customers to date. Customer feedback has been positive and we are growing the base according to plan, at 1,000 per day. Meanwhile, our mobile handset proposition is growing meaningfully in the contract handset market. The demand we are seeing for additional products from our increasingly profitable and stable customer base, the progress we are making in TalkTalk Business, and the savings we expect from the next phase of simplifying the business, underpin our confidence in delivering our targeted 2% CAGR in revenues and 25% EBITDA margin in the medium term.
|Analyst and investor presentation: The Lincoln Centre, 18 Lincoln’s Inn Fields, WC2A 3ED at 10.30am|