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SINGTEL Singapore Telecommunications Z74.SI Singtel: Resilient outlook; maintain BUY
Expects low single-digit growth
Free cash flow remains strong
Offers regional exposure
Keeps most of FY16 guidance unchanged
- After its recent 2QFY16 results, Singtel has largely kept its guidance largely unchanged for FY16. It continues to expect group revenue to grow by mid single digit level; EBITDA to increase by low single digit level.
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