TELUS(TU)

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TELUS(TU) - 2023 Q2 - Earnings Call Transcript
2023-08-04 21:23
TELUS Corporation (NYSE:TU) Q2 2023 Earnings Conference Call August 4, 2023 12:00 PM ET Conference Call Participants Good day, and welcome to the TELUS 2023 Q2 Earnings Conference Call. Hello everyone. Thanks for joining us today. Our second quarter 2023 results news release, MD&A, financial statements and detailed supplemental investor information were posted to our website this morning. With that, Darren, over to you. The robust performance in our communications technology business continues to be underpi ...
TELUS(TU) - 2023 Q1 - Earnings Call Transcript
2023-05-04 21:43
TELUS Corporation (NYSE:TU) Q1 2023 Earnings Conference Call May 4, 2023 1:30 PM ET Company Participants Robert Mitchell - Head, IR Darren Entwistle - President and CEO Zainul Mawji - President, Consumer Solutions Douglas French - CFO John Raines - President, TELUS Agriculture and Consumer Goods Jeff Puritt - President and CEO, TELUS International Conference Call Participants Jerome Dubreuil - Desjardins Maher Yaghi - Scotiabank Drew McReynolds - RBC Vince Valentini - TD Securities Simon Flannery - Morgan S ...
TELUS(TU) - 2023 Q1 - Quarterly Report
2023-03-31 21:26
Making a world of difference 2022 ANNUAL REPORT Making the future friendly 1 – 7 Corporate overview Supporting our stakeholders with purpose, 2022 highlights and 2023 targets 8 – 15 Message from our CEO Making a world of difference through our global leadership in social capitalism 16 – 19 ESG at a glance Focusing on environmental, social and governance initiatives to create a sustainable future 20 – 23 Operations at a glance Reviewing the highlights of our reportable segments 24 – 30 Leadership Q&As, and o ...
TELUS(TU) - 2022 Q4 - Earnings Call Transcript
2023-02-09 23:06
TELUS Corporation (NYSE:TU) Q4 2022 Earnings Conference Call February 9, 2023 1:00 PM ET Company Participants Robert Mitchell - Head, Investor Relations Darren Entwistle - President and Chief Executive Officer Douglas French - Chief Financial Officer Zainul Mawji - President, Consumer Solutions Navin Arora - President, Business Solutions Jim Senko - Chief Product Officer Tony Geheran - Chief Operating Officer Jeff Puritt - President and Chief Executive Officer, TELUS International John Raines - President, T ...
TELUS(TU) - 2022 Q4 - Annual Report
2023-02-09 12:25
Exhibit 99.1 | --- | --- | |-------|---------------------------------------| | | | | | TELUS CORPORATION | | | CONSOLIDATED FINANCIAL STATEMENTS | | | DECEMBER 31, 2022 | report of management on internal control over financial reporting Management of TELUS Corporation (TELUS, or the Company) is responsible for establishing and maintaining adequate internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting. TELUS' President and Chief Exe ...
TELUS(TU) - 2022 Q3 - Earnings Call Transcript
2022-11-04 21:33
TELUS Corporation (NYSE:TU) Q3 2022 Earnings Conference Call November 4, 2022 10:30 AM ET Company Participants Jason Mayr - Senior Director, Investor Relations, and Treasurer Jeff Puritt - President and Chief Executive Officer Vanessa Kanu - Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Tien-Tsin Huang - JPMorgan Stephanie Price - CIBC Capital Markets Divya Goyal - Scotiabank Jesse Wilson - William Blair Keith Bachman - BMO Capital Markets Daniel Perlin - RBC Capital Market ...
TELUS(TU) - 2022 Q2 - Earnings Call Presentation
2022-08-05 20:15
TELUS Corporation Second Quarter, 2022 Supplemental Investor Information (UNAUDITED) Financial information presented according to International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB) | --- | --- | --- | |------------------------------------------|-----------------------------------------------------------------------|-------| | For further information, please contact: | Table of Contents | | | TELUS Investor Relations | TELUS Corporation | | | 1 ...
TELUS(TU) - 2022 Q2 - Earnings Call Transcript
2022-08-05 19:30
Telus Corp (NYSE:TU) Q2 2022 Earnings Conference Call August 5, 2022 12:00 PM ET Company Participants Robert Mitchell - Head, IR Darren Entwistle - President, CEO & Director Douglas French - EVP & CFO Zainul Mawji - EVP & President, Home Solutions and Customer Excellence. Navin Arora - EVP, TELUS Business Solutions Tony Geheran - COO & EVP Jim Senko - EVP & President, Mobility Solutions. Conference Call Participants Maher Yaghi - Scotiabank David Joyce - Barclays Bank Jerome Dubreuil - Desjardins Securities ...
TELUS(TU) - 2022 Q1 - Earnings Call Presentation
2022-05-06 14:32
Q1 2022 Investor Presentation % LifeWorks Forward looking statements This document contains "forward-looking statements" within the meaning of applicable securities laws, such as statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. The use of words such as "may," "will," "expect," "believe," or other words of similar effect may indicate a forward-looking statement. These statements are not guarantees of future performance and are ...
TELUS(TU) - 2022 Q1 - Earnings Call Transcript
2022-05-03 18:02
Financial Data and Key Metrics Changes - LifeWorks reported an adjusted EBITDA margin of 18.7% for Q1 2022, an increase from 18.5% in Q4 2021 and 18.2% in Q3 2021, indicating a positive trend in profitability [8][45][36] - The company achieved a profit of $14.1 million or $0.20 per share, reflecting a year-over-year increase of 38.1% driven by reduced expenses [45][46] - Normalized free cash flow for Q1 was $26.2 million, consistent with the previous year [46] Business Line Data and Key Metrics Changes - Core mental health and well-being services grew by 5.1%, while absence management business grew over 6% [7][38] - The Retirement and Financial Solutions (RFS) business returned to growth in Q1 after previous declines, with expectations for continued momentum [10][40] - Fee-for-service revenue, impacted by lockdowns, declined by 29% year-over-year, but is expected to improve as economies reopen [38] Market Data and Key Metrics Changes - The LifeWorks platform now supports 7.1 million lives, a 32.7% increase from 5.4 million a year ago, with organizations paying for additional modules up by 56% year-over-year [12] - Microsoft Teams users accessing LifeWorks' platform grew to 140,000, a 40% increase from the previous quarter [13] Company Strategy and Development Direction - The company aims to consolidate and expand its leadership in the mental health and well-being markets, with a focus on accelerating growth through US and global expansion [31][32] - LifeWorks is investing in digital capabilities and plans to evolve its product roadmap to enhance client relationships and improve retention and productivity [25][27] - The strategic plan emphasizes total well-being across mental, physical, financial, and social pillars, with a strong portfolio of recurring revenue businesses [30][33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in returning to mid to high single-digit revenue growth for the full year, supported by a strong sales pipeline and retention rates [11][65] - The company anticipates that fee-for-service revenue will recover as lockdowns ease and employees return to workplaces [38][84] - Management highlighted the increasing demand for integrated mental health support, with a focus on in-person services as employees seek comprehensive care [18][20] Other Important Information - The company completed its Workday ERP project, contributing to improved earnings quality and lower capital expenditures [37][46] - LifeWorks has won back several significant contracts from clients who previously opted for digital-only competitors, indicating a trend towards in-person support [16][64] Q&A Session Summary Question: Pricing expectations for mental health and well-being business - Management expects to realize $7 to $8 million in higher pricing this year, with a run rate of $15 million by year-end, achieved through targeted client engagement [50][52] Question: Margin performance and salary costs - The decrease in salary costs is attributed to a favorable mix of in-house counselors and operational efficiencies from combining business units [56] Question: Integration of iCBT and efficiency in therapist utilization - The integration of iCBT is expected to enhance efficiency and drive margins by providing a seamless user experience across various mental health services [58][60] Question: Win-backs from digital competitors - Win-backs refer to contracts previously lost to digital competitors, with retention rates remaining high at 95% to 98% [64] Question: Organic revenue growth target for 2022 - The target for organic revenue growth is mid-single digits for the full year 2022, supported by positive sales metrics [65][73] Question: Impact of Omicron on fee-for-service items - The decline in fee-for-service revenue is primarily due to in-person service restrictions during lockdowns, which are expected to recover as conditions improve [82][84]