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The company has attributed its higher-than-anticipated growth to what it describes as “strong momentum” driving various facets of its operations. This positive trend has significantly contributed to an impressive financial performance.
CEO Vicki Brady highlighted the company’s achievements by noting, “We delivered ongoing growth in earnings,” attributing this success to effective cost management and disciplined business strategies.
Interestingly, this profit increase was achieved even as the company experienced a $132 million decline in revenue from asset sales. This indicates a robust underlying business performance, independent of one-time income sources.
Telstra reported a 5.8 percent reduction in labor expenses, translating to $118 million in savings. A significant factor in these savings was a workforce reduction, with the company announcing that it had cut 2,356 jobs in 2025.
Much of this has come from a reduction in the workforce, with the company saying it had shed 2356 jobs in 2025.
Over 1000 of these have come in the last half of the year, meaning Telstra’s workforce has been reduced by 7.4 per cent.
Telstra’s share price rose in response to today’s news, rising around four per cent to $5.20 at the time of writing.
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