Q2 2023 Bezeq Israeli Telecommunication Corp Ltd Earnings Call Transcript
After this introduction, I will continue the presentation of our group financial highlights, followed by Ran, who will discuss Bezeq fixed-line results; and Ilan, who will cover the results from telephone and yes. Gil?
Thank you, Tobi. Let's start on Slide #3. Our growth strategy, which we have been executing over the past 2 years has led us to the highest quarterly adjusted net profit since 2017 and the highest quarterly adjusted EBITDA since 2018. We're seeing continued group-level top-line growth. In this quarter, revenues grew 3.3%, driven by growth in Bezeq Fixed-Line and yes. We showed strong execution in our growth drivers with robust fiber take-up in Bezeq Fixed-Line and yes as well as consistent growth in 5G subscriber plans in Pelephone.
In accordance with our dividend policy, the Board of Directors recommended the distribution of a semiannual dividend of NIS 392 million or 60% of the net profit for the first half of 2023, reflecting an annual dividend yield of
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
