- We stay positive on Singtel post its recent Investor Day (SID2025). The sustained growth levers (NCS, Optus, Nxera and Airtel) and the firm narrative on shareholder returns (capital recycling) are key investment merits.
- - Read this at SGinvestors.io -
SID2025: Affirming ST28 strategy and more.
- We remain positive on Singtel post-SID2025. Broadly, we note the sustained growth levers (NCS, Optus, Nxera and Airtel) and the firm narrative on “sustainably growing” dividends as key investment merits.
- - Read this at SGinvestors.io -
- Management has affirmed OpCo FY26F EBIT growth of a high single digit (1QFY26: +11% y-o-y) – with Optus, NCS, Digital Infraco/Nxera as core growth drivers, alongside further cost savings (S$0.2bn for FY26F).
Further ROIC accretion for Optus; Singapore (SG) operations stabilising and primed for turnaround by FY28.
- Read more at SGinvestors.io.
