0
General

Vodafone meets FY outlook, sees EBITDA growth slowing in new year

Tuesday 15 May 2018 | 08:29 CET | News
Vodafone said it expects a slowdown in underlying profit growth this year, after meeting its outlook for the fiscal year to March 2018. Last year, organic adjusted EBITDA grew 11.8 percent to EUR 14.74 billion, ahead of its outlook for around 10 percent growth, while this year growth will slow to 1-5 percent, as the company faces growing competition in key markets such as Spain and Italy. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Vodafone
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Vodafone Group considers tower sales to help reduce debt

Published 17 Sep 2018 10:28 CET | World
Vodafone Group is considering selling towers in order to help reduce debt and maintain dividends, its incoming CEO Nick Read ...

Vodafone maintains outlook as service revenue growth slows in Q1

Published 25 Jul 2018 08:23 CET | World
Vodafone Group reported a small slowdown in underlying revenue growth in its fiscal first quarter to June, but said it's on track ...

Vodafone Germany to launch weekly tariff promotions for World Cup, releases Vodafone IN

Published 31 May 2018 11:33 CET | Germany
Vodafone Germany said it is launching a set of new tariffs on 01 June as part of a series of weekly promotions throughout the ...

Vodafone raises USD 11.5 bln in debt to finance Liberty Global takeover

Published 31 May 2018 09:23 CET | Europe
Vodafone has raised USD 11.5 billion in a debt offering to help finance its planned takeover of Liberty Global assets in Europe. ...

German telecoms regulator to analyse cable market following Vodafone-Unitymedia merger

Published 28 May 2018 15:11 CET | Germany
Homann said it was "highly desirable" that the merger would increase "competitive pressures" on Germany's "other large provider" ...

Vodafone Portugal quarterly revenues rise 3.1% on fixed market growth

Published 16 May 2018 08:55 CET | Portugal
Vodafone Portugal reported 3.3 percent growth in revenues in the fiscal year ending March 2018 to EUR 1.01 billion. Service ...

Vodafone Greece services revenues up to EUR 195 mln in March quarter

Published 15 May 2018 18:42 CET | Greece
Vodafone Greece reported services revenues up to EUR 195 million in its fiscal quarter to 31 March from EUR 189 million a year ...

Vodafone Turkey service revenues decrease to EUR 505 mln in March quarter

Published 15 May 2018 17:58 CET | Turkey
Vodafone Turkey reported services revenues down to EUR 505 million in its fiscal quarter to 31 March from EUR 526 million a year ...

Vodafone Romania service revenues up 1% to EUR 177 mln in March quarter

Published 15 May 2018 16:56 CET | Romania
Vodafone Romania saw its service revenues for the quarter to 31 March grow 0.9 percent to EUR 177 million. The operator recorded ...

Vodafone Germany FY revenues, EBITDA up thanks to customer growth

Published 15 May 2018 11:29 CET | Germany
Vodafone reported an EBITDA of EUR 4.01 billion for the year, an increase of 10.7 percent, while the EBITDA margin increased 2.9 ...

Vodafone Ireland service revenue growth improves to 4.3% in Q4

Published 15 May 2018 11:20 CET | Ireland
Vodafone Ireland saw a recovery in service revenue growth in its fiscal fourth quarter to March, growing 4.3 percent on an ...

Vodafone UK loses revenues, customers in Q4, EBITDA margin improves

Published 15 May 2018 09:18 CET | United Kingdom
Vodafone UK reported a continued fall in service revenue in its fiscal fourth quarter to March, down 3.4 percent on an organic ...

Vodafone Spain revenues up 1% in Q4, hits 2.5 mln converged clients

Published 15 May 2018 09:14 CET | Spain
Vodafone Spain reported organic service revenues up 1.0 percent year on year in its fiscal fourth quarter to end-March, driven by ...

Vodafone Italia service revenues up 0.7% on fixed line growth

Published 15 May 2018 08:38 CET | Italy
Vodafone Italia reported organic service revenues up 0.7 percent year on year in its fourth quarter to end-March, an improvement ...

Vodafone promotes CFO Read to succeed Colao as CEO

Published 15 May 2018 08:16 CET | World
Vodafone Group has announced CEO Vittorio Colao is stepping down from October and will be succeeded by CFO Nick Read. From the ...

Vodacom Group FY revenue grows 6.3% to ZAR 86.4 bln

Published 14 May 2018 08:44 CET | Africa
Vodacom Group's revenue grew 6.3 percent to ZAR 86.4 billion in the year ended 31 March, while normalised growth, excluding ...

Vodafone agrees EUR 18.4 bln takeover of Liberty Global assets in Germany, East Europe

Published 09 May 2018 08:32 CET | Germany
Vodafone Group has agreed to buy Liberty Global's cable business in Germany, Hungary, Romania and Czech Republic for EUR 18.4 ...

Vodafone completes tower business sale in India

Published 03 Apr 2018 08:45 CET | India
announcement of March 2017, both parties announced their intention to sell their individual standalone tower businesses to ...

Vodafone Group completes sale of 51% of Qatari unit to Qatar Foundation

Published 30 Mar 2018 11:14 CET | Qatar
Vodafone Group has announced that Qatar Foundation has completed its acquisition of Vodafone Europe's 51 percent stake in ...

Vodafone sees small slowdown in Q3, but maintains FY outlook

Published 01 Feb 2018 08:10 CET | World
Vodafone reported a small slow down in organic growth in the December quarter, but maintained its guidance for the full year. ...

Vodafone puts optimism at centre stage with major new brand strategy

Published 05 Oct 2017 08:57 CET | World
Vodafone has announced a new, global, brand strategy that puts optimism at centre stage. The new strapline will be: "The future ...

Vodafone Germany to invest extra EUR 2 billion in gigabit broadband

Published 11 Sep 2017 08:59 CET | Germany
Vodafone Germany announced plans to invest an extra EUR 2 billion by the end of 2021 to roll out gigabit broadband services. The ...

Vodafone India, Idea Cellular agree merger

Published 20 Mar 2017 09:16 CET | India
Vodafone Group and Indian mobile operator Idea Cellular have agreed to combine their operations in India. The merger agreement ...

Vodafone quarterly growth slows on India competition

Published 02 Feb 2017 08:30 CET | World
Vodafone reported continued organic service revenue growth in its fiscal third quarter to December, as Europe and Africa offset ...