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Soul Patts backs TPG despite headwinds

Lucas Baird
Lucas BairdReporter
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Key Points

  • Full-year revenue ($m) 1501.8, up 9.7pc
  • Pre-tax profit ($m) 442.3, down 61pc
  • Net profit ($m) 320.4, down 63pc
  • Final dividend (¢) 36 v 35
  • Date dividend payable: Dec 14

Listed investment house Washington H. Soul Pattinson is bullish on the future of TPG Telecom, despite the value of its holding in the telco falling more than 23 per cent in the last financial year as near-term headwinds bite.

Todd Barlow.  Elke Meitzel

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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/soul-patts-backs-tpg-despite-headwinds-20210923-p58u2q