News & Insights

TalkTalk upgrades guidance after better trading in June and July

Credit: REUTERS/NEIL HALL

July 21, 2020 — 02:25 am EDT

Written by Paul Sandle for Reuters ->

LONDON, July 21 (Reuters) - British broadband operator TalkTalk TALK.L upgraded its guidance for full-year earnings on Tuesday after seeing trading recover in June and July from the impact of the COVID-19 lockdown.

The company said it expected headline core earnings for its 2021 financial year to be stable or to grow, an improvement on its previous forecast of flat. It reported headline revenue of 358 million pounds ($454 million) for its first quarter.

($1 = 0.7882 pounds)

(Reporting by Paul Sandle; editing by Sarah Young)

((paul.sandle@thomsonreuters.com; +44 20 7542 6843; Reuters Messaging: paul.sandle.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

Reuters
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.
More articles by this source ->

More Related Articles

Info icon

This data feed is not available at this time.

  • •

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.