| SENS Note - 08 August 2012 |
| MTN interim results June 2012 |
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Revenue increased to R66.4 billion (R56.5 billion). Operating profit rose to R21.6 billion (R17.8 billion). Net attributable profit improved to R10.6 billion (R9.5 billion). In addition, headline earnings grew to 536.2cps (473.9cps). Dividend An interim ordinary dividend of 321cps has been declared. Outlook MTN remains optimistic notwithstanding challenging market conditions. The group is committed to creating value for stakeholders through improved shareholder returns and enhancing its business model to better position itself as markets mature and competition intensifies. MTN's key priorities over the next six months are to maintain its leadership position with an increased focus on customer experience and countering competition through innovative and relevant products and services. This strategy will be supported by continued investments in infrastructure to ensure quality and capacity, the rollout of efficiency initiatives and value accretive M&A opportunities. |
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