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General

Vodafone keeps outlook as organic service revenue lifts 2.2% in Q1

Friday 21 July 2017 | 09:21 CET | News
The Vodafone Group gave a trading update for fiscal first quarter to June, showing revenues fell 3.3 percent to EUR 11.5 billion. In Europe, revenues were down 4.8 percent, while elsewhere revenue increased by 1.2 percent. Service revenue declined 4.6 percent (Europe -6.2%, elsewhere +1.3%), but on an organic basis (excluding India) showed an increase of 2.2 percent (Europe +0.8%, elsewhere +7.9%). Ignoring the effect in Europe of regulation, growth would have been at 1.8 percent, Vodafone said.

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Categories: General
Companies: Liberty Global / Reliance Jio / Vodacom / Vodafone
Countries: World
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