June 11, 2020 / 6:20 AM / 2 months ago

UK's TalkTalk posts 9.7% growth in core earnings, maintains dividend

LONDON, June 11 (Reuters) - British broadband company TalkTalk reported a 9.7% rise in full-year core earnings to 260 million pounds ($329 million), driven by growth in its fibre customer base, and said it was in robust financial position, allowing it to maintain its dividend.

It said that while uncertainties of COVID-19 meant it would not be providing formal guidance, based on current trends it expected to deliver stable headline core earnings year on year, after assuming about a 15 million pound cost due to the impact of the pandemic. ($1 = 0.7891 pounds) (Reporting by Paul Sandle; editing by Sarah Young)

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