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Penn says Telstra reversal not far off as earnings dive

Lucas Baird
Lucas BairdReporter
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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.

Andy Penn says despite what appeared to be a tough first half, the earnings flops have bottomed out with a reversal soon to come. Eamon Gallagher

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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
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    Original URL: https://www.afr.com/companies/telecommunications/penn-says-telstra-reversal-not-far-off-as-earnings-dive-20210211-p571hu