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General

Vodafone Italia returns to growth in March quarter

Tuesday 17 May 2016 | 08:30 CET | News
Vodafone Italia returned to growth in the three months to March, reporting organic service revenues up 1.3 percent year-on-year to EUR 1.29 billion following declines of 0.3 percent, 2.0 percent and 2.0 percent in the previous three quarters. The company said the improving trend reflected the steady recovery of its mobile business and the positive fixed line performance in the face of increasing competition. Service revenues for the full fiscal year to March were EUR 5.13 billion, down 0.8 percent. EBITDA was up 3.1 percent to EUR 2.02 billion thanks above all to savings in commercial costs

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Categories: General
Companies: Vodafone / Vodafone Italia
Countries: Italy
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