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TalkTalk Group Q1 2014/15 results: Solid start to the financial year - Venture Insights

Report Overview

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TalkTalk Group Q1 2014/15 results: Solid start to the financial year

PublisherEnders Analysis.
Publish Date July 23, 2014
Sector Fixed Line (Internet and Voice).
Company TalkTalk.

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TalkTalk’s June quarter results revealed solid subscriber trends, with broadband, fibre, line rental and TV net adds all either matching or slightly improving upon the previous quarter.

Revenue growth dipped down on the previous quarter (3% vs. 5%), but the price increases in May/June have yet to have a full quarter’s effect, and the company remains confident in its full year guidance of at least 4%.

Churn dropped again on the previous quarter, and the company makes a strong case that its triple play strategy should reduce it further, but the big test will be whether it can continue the trend over the rest of the financial year.