Executive chairman Sir Charles Dunstone said his focus for the company was 'growth, cash generation and profit - in that order'. TalkTalk's shares fell 18% on Wednesday, 10 May after it slashed its full-year dividends in half and issued a warning over its profits. The telecoms firm managed to recover some of this loss to sit 10.8% lower at 162.7p ($2.1) by mid-morning. Shares have fallen since the company reported better-than-expected earnings last week, with investors worried about how much further they can push down their losses. The company has fallen short of this year's earning expectations of £304m, with next year's earnings expected to be between £270m and £300m.
TalkTalk's shares fell 18% on Wednesday, 10 May after it slashed its full-year dividends in half and issued a warning over its profits. The telecoms firm managed to recover some of this loss to sit 10.8% lower at 162.7p ($2.1) by mid-morning. Shares have fallen since the company reported better-than-expected earnings last week, with investors worried about how much further they can push down their losses. The company has fallen short of this year's earning expectations of £304m, with next year's earnings expected to be between £270m and £300m.