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AMP, Telstra, Transurban, Westfield, GrainCorp, ASX, Magellan, Downer EDI, Mesoblast and Ecofibre half year results – The Australian Financial Review

On a big day of the interim profit reporting season, we have results from AMP, Telstra, Transurban, Westfield, GrainCorp, ASX, Magellan, Downer EDI, Mesoblast and…

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Telstra boss Andy Penn has declared the telecoms giant is at a major turning point, and laid out ambitious earnings targets for the next few years even as he reported a decline in interim profits for the fifth year straight.
Net profit after tax dipped 2.2 per cent to $10.9 billion in the six months to December 31. Revenue in the first half of the 2021 financial year dived 9.7 per cent on the prior corresponding period to $10.9 billion, and earnings before interest, tax, depreciation and amortisation…

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