0
Wireless

Vodafone posts FY loss, sees stronger 2018

Tuesday 16 May 2017 | 08:26 CET | News
Update: 16 May 2017 | 10:23 CET
Vodafone Group reported a net loss of EUR 6.1 billion for the full year, due to writedowns on its activities in India, but said it expects underlying growth to improve slightly next year after it spins off the Indian business in a merger with Idea Cellular. Adjusted EBITDA including India was up 3.4 percent in its fiscal year to March, in line with the company's guidance of 3-6 percent growth. In the new fiscal year, Vodafone expects organic adjusted EBITDA growth of 4-8 percent, to EUR 14.0-14.5 billion. Free cash flow is also expected to grow further this year, to around EUR 5 billion from

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?


[16/05/2017 10:23 - Update: Adds details on capex, one-time items.]


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: Mobile & Wireless
Companies: Idea Cellular / Vodafone Group
Countries: World
::: add a comment
This article is part of dossier

5G

,

LTE


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 keeps outlook as organic service revenue lifts 2.2% in Q1

Published 21 Jul 2017 09:21 CET | World
The Vodafone Group gave a trading update for fiscal first quarter to June, showing revenues fell 3.3 percent to EUR 11.5 billion. ...

Vodafone runs education scheme in sub-Saharan Africa

Published 15 Jun 2017 11:13 CET | Africa
The Vodafone Foundation has expanded its education programme to benefit more than 5 million children in sub-Saharan Africa with ...

Public Investment Corp backs Vodacom-Safaricom deal

Published 05 Jun 2017 10:24 CET | Kenya
Vodacom Group says it has received a letter of support from major shareholder the Public Investment Corporation (PIC) for its ...

Romania leads in cash flow generation among Vodafone's smaller markets

Published 19 May 2017 15:03 CET | Albania
Vodafone reported on the Q4 and full year 2017 results. Based on the financials of the larger entities and a number of ...

Idea Cellular narrows quarterly net loss

Published 17 May 2017 11:53 CET | India
Indian mobile operator Idea Cellular posted revenues of INR 81.26 billion for the quarter ended 31 March 2017, up from INR 80.16 ...

Vodafone Romania grows FY revenues 2.7%

Published 17 May 2017 09:19 CET | Romania
Vodafone Romania saw its revenues for the fiscal year to 31 March increase 2.7 percent in organic terms to EUR 707.2 million. In ...

Vodafone Portugal sees 1.7% growth in Q4 revenue

Published 16 May 2017 16:41 CET | Portugal
Vodafone Portugal reported 1.7 percent year-on-year growth in revenues during its fiscal fourth fourth quarter to March. Service ...

Vodafone Turkey service revenue up 14% in March quarter

Published 16 May 2017 15:56 CET | Turkey
Vodafone Turkey saw its service revenue increase 13.9 percent in the fiscal fourth quarter to 31 March, supported by good growth ...

Vodafone Greece service revenue growth slows to 0.2% in Q4

Published 16 May 2017 15:33 CET | Greece
Vodafone Greece saw its service revenue growth slow again in the fiscal fourth quarter to March, to 0.2 percent and a total EUR ...

Vodafone Spain service revenues up 1.3%, EBITDA soars 8.8%

Published 16 May 2017 09:27 CET | Spain
Vodafone Spain reported service revenues of EUR 1.11 billion in its fiscal fourth quarter to March, up 1.3 percent year on year ...

Vodafone Germany returns to annual service revenue growth

Published 16 May 2017 09:16 CET | Germany
Vodafone Germany reported a return to service revenue growth for the first time in six years, with the figure up 1.9 percent to ...

Vodafone Italia service revenues up 2.3% in March quarter

Published 16 May 2017 08:57 CET | Italy
Vodafone Italia continued as the Vodafone Group's fastest growing unit in the three months to March, reporting service revenues ...

Vodafone UK service revenue falls 4.8% in Q4

Published 16 May 2017 08:49 CET | United Kingdom
Vodafone UK's service revenue fell another 4.8 percent in its fiscal fourth quarter to March. The deterioration from a 3.2 ...

Vodacom Group FY revenue up 1.5% to ZAR 81.28 bln

Published 15 May 2017 09:13 CET | Africa
Vodacom Group's revenue increased by 1.5 percent to ZAR 81.28 billion for the year ended 31 March from ZAR 80.07 billion in ...

Vodacom buys strategic stake in Safaricom for ZAR 35 bln

Published 15 May 2017 08:49 CET | Kenya
Vodacom Group said it has agreed to acquire a strategic stake in Kenya's Safaricom held by Vodafone Group. Subject to regulatory ...

VodafoneZiggo gains internet, postpaid subs as revenues slip

Published 08 May 2017 08:21 CET | Netherlands
VodafoneZiggo has published its first quarter preliminary results. The full report will be published before the end of May. 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 puts FY total tax bill at GBP 11.4 billion

Published 17 Feb 2017 09:36 CET | World
Vodafone Group has published its latest tax disclosure report, providing a breakdown of its revenues and taxes paid in each ...

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 ...

Vodafone raises dividend as organic sales grow 2.3% in H1

Published 15 Nov 2016 08:28 CET | World
Vodafone maintained underlying growth in revenues in the first half of its fiscal year, while its bottom line was hit by a ...





Calendar   /   Industry Events

22 Oct RIPE 75
23 Oct Orange Belgium Q3 2017
23 Oct Logitech fiscal Q2
23 Oct Telecoms Energy Efficiency Forum
23 Oct ETSI IoT Week
23 Oct Intelligent Cities Exhibition & Conference
24 Oct Telekom Austria Q3 2017
24 Oct AT&T Q3 2017
24 Oct Corning Q3 2017
24 Oct Akamai Technologies Q3 2017
24 Oct America Movil Q3 2017
24 Oct Juniper Networks Q3 2017
24 Oct Millicom Q3 2017
24 Oct Megacable Q3 2017
24 Oct Texas Instruments Q3 2017
24 Oct Capacity Europe
24 Oct FCC meeting
24 Oct Broadband World Forum
24 Oct Telco Data Analytics Europe
24 Oct Customer Expo 2017
25 Oct Telefonica Deutschland Q3 2017
25 Oct Mellanox Q3 2017
25 Oct Telefonica Brasil Q3 2017
25 Oct Digital Realty Q3 2017
25 Oct Knowles Q3 2017
25 Oct Telenor Q3 2017
25 Oct NXP Semiconductors Q3 2017
25 Oct Norway telecom statistics H1 2017
25 Oct European Smart Homes
25 Oct Communic Indonesia
::: More Calendar Items