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General

Vodafone raises dividend as organic sales grow 2.3% in H1

Tuesday 15 November 2016 | 08:28 CET | News
Vodafone maintained underlying growth in revenues in the first half of its fiscal year, while its bottom line was hit by a writedown on its business in India due to more difficult market conditions. Reported revenue for the six months to September fell 3.9 percent year-on-year to EUR 27.1 billion, and EBITDA was down 1.7 percent to EUR 7.9 billion, hurt by negative currency effects. Organic service revenue was still up 2.3 percent to EUR 24.8 billion, with growth of 0.6 percent in Europe and 7.4 percent in the AMAP region. The net result was a loss of GBP 5.0 billion, versus a loss of GBP 2.3

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Categories: General
Companies: Vodafone
Countries: World
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