Last A$5.51 AUD
Change Today +0.05 / 0.92%
Volume 844.0K
MTU On Other Exchanges
Symbol
Exchange
OTC US
Frankfurt
As of 2:11 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

m2 group ltd (MTU) Snapshot

Open
A$5.49
Previous Close
A$5.46
Day High
A$5.55
Day Low
A$5.42
52 Week High
08/26/13 - A$7.27
52 Week Low
05/27/13 - A$4.83
Market Cap
989.1M
Average Volume 10 Days
1.1M
EPS TTM
A$0.30
Shares Outstanding
179.5M
EX-Date
03/13/14
P/E TM
18.7x
Dividend
A$0.31
Dividend Yield
5.57%
Current Stock Chart for M2 GROUP LTD (MTU)

Related News

No related news articles were found.

m2 group ltd (MTU) Related Businessweek News

View More BusinessWeek News

m2 group ltd (MTU) Details

M2 Group Ltd provides telecommunications services to residential and business customers in Australia and New Zealand. It operates in two operating segments, Retail and Wholesale. The Retail segment offers telecommunications services, including line rental services, mobile voice and data services, and terrestrial dial-up and high speed broadband Internet services, as well as mobile telephone hardware primarily to small and medium sized enterprises, and Australian households. It also offers electricity and gas services. The Wholesale segment offers a suite of fixed line voice services, including line rental services, mobile voice and data services, terrestrial dial-up and high speed broadband Internet services, and mobile telephone hardware to the telecommunications reseller market. The company offers its products and services under the iPrimus, Dodo, Commander, and M2 Wholesale brand names. M2 Group Ltd, formerly known as M2 Telecommunications Group Limited, was founded in 1999 and is headquartered in Melbourne, Australia.

3,131 Employees
Last Reported Date: 08/25/13
Founded in 1999

m2 group ltd (MTU) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: A$735.0K
Co-Founder and Executive Director
Total Annual Compensation: A$505.0K
Chief Financial Officer
Total Annual Compensation: A$393.0K
Business Director
Total Annual Compensation: A$460.0K
Consumer Director
Total Annual Compensation: A$53.3K
Compensation as of Fiscal Year 2013.

m2 group ltd (MTU) Key Developments

M2 Group Seeks Acquisitions

M2 Group Ltd (ASX:MTU) is preparing to spend more than $100 million on new acquisition targets this year as it looks to cement its position as the fourth force in the $35 billion-a-year telco sector. M2 Chief Executive Officer Geoff Horth said, "the telco was considering a "couple of sizeable -acquisition opportunities" to propel the company into its next phase of growth." "The targets we are looking at now may come to nothing, but we've never had more conversations than we are having at the moment," he said. "We will not be sitting on our hands waiting to be approached. We are on the front foot to explore opportunities." Horth said, "M2 would not be spending money on any targets that brought in less than $25 million in earnings a year, saying anything below that figure would be "immaterial" to the telco's growth." "We do $160 million in earnings a year, so any new businesses we might acquire will need to be dropping in at least $25 million in earnings to make a difference," he said. Its acquisitions have helped bolster M2 Group’s subscriber numbers, but Horth said, "there remained a number of acquisition targets that could help boost its base even more." "It's core to our business. We have good pedigree in doing M&A and it's been of important value to our shareholders. So we absolutely see it as an important part of our future growth strategy," he said.

M2 Group Ltd Announces Earnings Results for the Half Year Ended December 31, 2013; Provides Earnings Guidance for the Year Ending June 30, 2014; Declares Interim Dividend, Payable on or Around 16 April 2014

M2 Group Limited announced earnings results for the half year ended December 31, 2013. For the half year, the company reported revenue of $506.0 million against $305.2 million a year ago. EBITDA was $75.8 million against $55.1 million a year ago. NPAT was $30.9 million or 17.3 cents per share against $24.7 million or 15.7 cents per share a year ago. Underlying NPAT was $43.8 million or 24.5 per share against $31.7 million or 20.2 cents per share a year ago. Underlying NPAT and EPS include an add-back of a non-cash cost of $12.9 million for amortization associated with customer contracts acquired in the relevant period. The company provided earnings guidance for the year ending June 30, 2014. For the year, the company expects revenue in the range of $970 million to $1,030 million, EBITDA in the range of $150 million to $170 million, NPAT in the range of $60 million to $70 million and NPAT (underlying) in the range of $85 million to $95 million. EPS was in the range of 34 cents to 39 cents and EPS underlying was in the range of 48 cents to 53 cents. Free cash flow was in the range of $51 million to $56 million. The company declared a fully franked interim dividend of 11.5 cents per share, an increase of 15% on the previous corresponding period. The Directors have further declared that the Dividend Reinvestment Plan will be made available to shareholders for the dividend payable on or around 16 April 2014, at a 5% discount.

M2 Group Ltd, H1 2014 Earnings Call, Feb 24, 2014

M2 Group Ltd, H1 2014 Earnings Call, Feb 24, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MTU:AU A$5.51 AUD +0.05

MTU Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Amcom Telecommunications Ltd A$2.04 AUD +0.03
iiNET Ltd A$7.19 AUD +0.18
Singapore Telecommunications Ltd $3.70 SGD 0.00
Telstra Corp Ltd A$5.13 AUD +0.03
View Industry Companies
 

Industry Analysis

MTU

Industry Average

Valuation MTU Industry Range
Price/Earnings 19.9x
Price/Sales 1.2x
Price/Book 3.3x
Price/Cash Flow 11.5x
TEV/Sales 0.8x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact M2 GROUP LTD, please visit www.m2.com.au. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.