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Wireless

Vodafone returns to growth in EBITDA, service revenue in H1

Tuesday 10 November 2015 | 08:33 CET | News
Vodafone reported a return to organic EBITDA growth in the first half and said it expects to reach the high end of its annual organic EBITDA outlook. EBITDA increased 1.9 percent on an organic basis to GBP 5.786 billion in the fiscal first half to September, and revenues rose 2.8 percent to GBP 20.266 billion. Organic service revenue was up 1.0 percent year-on-year to GBP 18.430 billion, as growth of 6.4 percent in Africa, Asia and the Middle East offset a 1.3 percent fall in Europe. Reported EBITDA was still down 1.7 percent, and revenues fell 2.3 percent, hurt by currency effects. Vodafone

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Categories: Mobile & Wireless
Companies: Vodafone
Countries: World
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