After a tough 2011, TalkTalk indicated that its recovery is running ahead of schedule, as it posted higher annual profits and addressed customer losses.

In the year to March 31, the broadband firm saw pre-tax profits reach the equivalent of €157.5 million, in comparison with just €70.6 million in the previous 12-month period.

In the same period, it also saw revenues hit €2,090 million, and the company suggested that its shareholders could now see dividends rise by as much as 15 percent in the coming two fiscal years.

Commenting on the figures, TalkTalk boss Dido Harding said the company's turnaround remains "significantly ahead of schedule".

The organisation said that in the final three months of its 2011/12 financial year, net customer losses fell to 13,000. These losses were down on the figure of 43,000 recorded in the previous quarter.

The firm's finances were supported by a €66.9 million drop in operating costs during the year, as these fell to €758.3 million, while its earnings margin target increased.

Focusing on specific areas of its business, TalkTalk said that the YouView internet-connected television service, which it is a joint partner in, still looks set to be launched later in 2012.