VOD Vodafone Group Plc

Vodafone Group plc (LON:VOD)’s half year revenue rose 2.0% to c22.9bn, driven by growth in service revenue and higher equipment sales. Underlying cash profit before leases (EBITDAaL) fell 2.6% to €7.2bn. Higher revenue was offset by commercial underperformance in Germany and the lapping of a one-off legal settlement received the prior year. Management warned “the […]
https://www.valuewalk.com/vodafone-downgrades-full-year-guidance-as-higher-costs-take-their-toll/