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General

Vodafone Italia slows revenue fall to 9.7%, grows fixed line

Tuesday 11 November 2014 | 09:41 CET | News
Vodafone Italia reported a 9.7 percent year-on-year decline in service revenues to GBP 2.14 billion in its fiscal first half ending 30 September as improving trends in the fixed and business segments were offset by the summer prepaid price war and the effects of the ongoing Italian recession. However, the overall result represents a significant improvement following revenue drops of 16.1 percent, 17.1 and 16.6 percent in the previous quarters. EBITDA declined 21.7 percent to GBP 787 million with a 3.5 percentage point decline in the company's EBITDA margin to 33.4 percent. In the mobile

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Categories: General
Companies: Vodafone Italia
Countries: Italy
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