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TalkTalk Telecom Slips To H1 Loss; To Be Bought By Tosca IOM In £1.11 Bln Cash Deal; Names New CFO


TalkTalk Telecom Slips To H1 Loss; To Be Bought By Tosca IOM In £1.11 Bln Cash Deal; Names New CFO
Loss per share was 0.3 pence, compared to profit of 0.1 pence last year.
Headline attributable loss was 2 million pounds or 0.2 pence per share, compared to profit of 12 million pounds or 1 pence per share a year ago.
Statutory operating profit was 20 million pounds, down from 29 million pounds last year. Headline EBITDA was 122 million pounds, down 12.9 percent from the prior year.
Revenue declined 6.6 percent to 740 million pounds from prior year s 792 million pounds. Headline revenue contracted by 6.2% year on year, primarily due to COVID-19 impacts. ....

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