TalkTalk upgrades guidance after better trading in June and July

Credit: REUTERS/NEIL HALL

British broadband operator TalkTalk 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.

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))

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