TELUS Corp 2024 Guidance: TTech Operating Revenue Growth of 2%-4%, Free Cash Flow of $2.3B, Capex of $2.6B
Portfolio Pulse from Benzinga Newsdesk
TELUS Corp has set its financial targets for 2024, aiming for TTech Operating Revenue growth of 2%-4%, an Adjusted EBITDA growth of 5.5%-7.5%, a Free Cash Flow of approximately $2.3 billion, and Capital Expenditures of about $2.6 billion. These targets are supported by TELUS' diversified growth businesses including TELUS International, TELUS Health, and TELUS Agriculture & Consumer Goods, and are part of a strategic focus on subscriber growth, network investments, and cost efficiency.
February 09, 2024 | 11:56 am
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TELUS Corp aims for 2024 with revenue growth of 2%-4%, EBITDA growth of 5.5%-7.5%, free cash flow of $2.3B, and capex of $2.6B, supported by diversified growth businesses.
TELUS Corp's financial targets for 2024 indicate a positive outlook with expected revenue and EBITDA growth, supported by strategic investments in networks and diversified growth areas. This comprehensive plan suggests a strong potential for stock appreciation in the short term, reflecting positively on investor sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100