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TalkTalk upgrades guidance after better trading in June and July

Tue, 21st Jul 2020 07:25

LONDON, July 21 (Reuters) - British broadband operator
TalkTalk upgraded its guidance for full-year earnings
on Tuesday after seeing trading recover in June and July from
the impact of the COVID-19 lockdown.

The company said it expected headline core earnings for its
2021 financial year to be stable or to grow, an improvement on
its previous forecast of flat. It reported headline revenue of
358 million pounds ($454 million) for its first quarter.

($1 = 0.7882 pounds)
(Reporting by Paul Sandle; editing by Sarah Young)

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