Telstra Group Limited · ASX:TLS
Telstra — Macquarie Conference 2021
9 slides from Telstra's conference presentation, May 2021
Slide 1: Underlying EBITDA growth ambition
quarie conference ay 2021 Vicki Brady — Chief Financial Officer Underlying EBITDA growth ambition T Underlying EBITDA - halves Underlying EBITDA — full year FY23 ambi $7.5-8.5bn FY22 ambition? $m 4500 —____—. $m 9000 7 ana widen) ra dancer) midchih single O79. in gt guar | ance digit row 4000 son 80
Slide 2: Underlying EBITDA growth drivers
Underlying EBITDA growth drivers TMMC growth on $ PCP in postpaid handheld mass market branded ofsrNnan 2H21 T 1H21 TMMC +$3 growth on PCP 2H21 TMMC expected +$3 growth on PCP Postpaid handheld ARPU expected to return to growth in 2H21 C&SB fixed bundle and standalone data ARPU 1H20A 2H20A 1H21A 2H2
Slide 3: T22 Progress and proposed simplified corporate legal structure
T22 — Progress € T22 Scorecard metrics — as at 1H21 #Completed GO \ “S @ On track for delivery Progress but below target metric @ Below target metric >80% metrics now completed or on track for delivery Macquarie conference Page5 Copyright Telstra® T22 — Proposed simplified corporate legal structure
Slide 4: Disclaimer
quarie conference Vicki Brady — Chief Financial Officer Disclaimer T ‘These presentations include certain forward-looking statements. The forward-looking statements are based on certain assumptionsand information known by Telstra as at the date of these presentations, ‘The forward-looking statements
Slide 5: CFO speech notes: Vicki Brady
CFO SPEECH NOTES - FINAL MACQUARIE CONFERENCE 5 MAY 2021 VICKI BRADY – CFO Slide 1 – Vicki Brady Good afternoon everyone and thank you for joining. I’d like to begin by recognising that I am joining you from the land of the Gadigal people of the Eora nation. I acknowledge their ancient and ongoing c
Slide 6: Speech notes: FY21 guidance and FY22-FY23 ambitions
In the first half of FY21 we reported Underlying EBITDA of $3.3 billion. We also announced guidance for the second half of $3.3 – 3.6 billion. The turning point is also illustrated by our ambitions for FY22 and FY23. The chart on the right shows the evolution of our full year Underlying EBITDA inclu
Slide 7: Speech notes: Underlying EBITDA headwinds and T22 progress
As at 1H21, we had achieved a $2 billion net reduction in underlying fixed costs since 2016. Based on our strong progress to date and outlook, we lifted our net productivity target in February from $2.5 billion to $2.7 billion by the end of FY22. Further reductions in FY22 are expected to be deliver
Slide 8: Speech notes: workforce, asset monetisation and 5G leadership
At the same time, we have recruited more than our planned 1,500 new roles with skills in new areas such as software engineering, data analytics and cyber security. Subject to appropriate consultations, by June we expect to be more than 90 percent through our T22 target, to reduce our direct workforc
Slide 9: Speech notes: closing remarks and Q&A
However, our continued focus on T22 is delivering simpler, better outcomes for our customers and greater productivity, enabling us to increase our cost-out targets. Product margin improvement is also imminent, and already occurring in mobile. We see clear positive indicators of an improved financial