Vodafone revenues up nearly 6% in June quarter as business recovers from pandemic impact

Friday 23 July 2021 | 08:41 CET | News
Vodafone Group reported revenues for its fiscal first quarter to June up 5.7 percent year-on-year to EUR 11.10 billion, as both consumer and business sales recovered from the initial impact of the coronavirus pandemic a year ago. Service revenue rose 3.3 percent on an organic basis (0.8% in Q4) to EUR 9.39 billion, with growth in both Europe and Africa. The company said the solid performance puts its on track to achieve its full-year EBITDA and cash flow guidance issued in May. 

Thank you for visiting Telecompaper

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.


Already registered?

Categories: General
Companies: Vodacom / Vodafone Group
Countries: Africa / Europe
::: add a comment
This article is part of dossier




Add comment

Please login or register to leave a 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.


Vodafone Spain cuts CO2 emissions by 110,000 tons in 2021 fiscal year

Published 13 Sep 2021 15:00 CET | Spain
Vodafone Spain said a range of energy saving measures implemented over its 2021 fiscal year have prevented 110,195 tons of CO2 ...

Vodafone CEO calls for EU action against telecom policies in Italy, Portugal, Czechia

Published 13 Sep 2021 12:45 CET | Czech Republic
Vodafone Group CEO Nick Read has called on the European Commission to intervene in EU countries where national governments are ...

Vodafone Spain offers 6-month 50% discount on convergent plans til 30 September

Published 12 Aug 2021 16:58 CET | Spain
Vodafone Spain announced a promotion offering new residential and business clients a 50 percent discount for six months when ...

Over 60s using virtual comms in UK, US felt more lonely during pandemic - study

Published 27 Jul 2021 14:58 CET | United Kingdom
Over 60s in the UK and US who had more virtual contact during the global Covid-19 pandemic experienced an increase in loneliness, ...

Last week in telecoms: Q2 results recover from Covid and new streaming services accelerate as Netflix slows

Published 26 Jul 2021 11:00 CET | World
The first round of Q2 financial results in the past week shows a bounce back from the initial negative effects of Covid-19 a year ...

Vodafone Portugal's Q1 revenues grow 8.4% to EUR 281 million

Published 26 Jul 2021 10:01 CET | Portugal
Vodafone Portugal closed the first quarter of its fiscal year with total revenues of EUR 281 million, up 8.4 percent ...

Vodafone Group announces new share buyback

Published 26 Jul 2021 09:11 CET | World
Vodafone Group announced the start of a new share buyback programme to help offset the impact of convertible bonds coming to ...

Vodafone Romania service revenue up 1% to EUR 191 mln in Q2

Published 23 Jul 2021 16:55 CET | Romania
Vodafone Romania saw its service revenue increase 0.8 percent year-on-year on an organic basis to EUR 190.9 million in the second ...

Vodafone Greece service revenue rises 5% to EUR 209 mln in Q2

Published 23 Jul 2021 16:51 CET | Greece
Vodafone Greece saw its service revenue increase 5.2 percent from the year before to EUR 209 million on an organic basis to EUR ...

Vodafone Turkey service revenue lifts 20% to EUR 385 mln in Q2

Published 23 Jul 2021 16:48 CET | Turkey
Vodafone Turkey saw its service revenue increase 19.6 percent from the year before to EUR 385 million on an organic basis in the ...

Vodafone UK adds 65,000 contract mobile, 29,000 broadband customers in Q1

Published 23 Jul 2021 10:55 CET | United Kingdom
Vodafone UK generated service revenue of EUR 1.26 billion in the FY22 1st-quarter to June, compared to GBP 1.19 billion in the ...

Vodafone Germany ups service revenues in Q1 to June driven by fibre growth

Published 23 Jul 2021 09:55 CET | Germany
Vodafone Germany said its service revenues rose by 1.4 percent year-on-year in the first quarter to June to EUR 2.84 billion, ...

Vodacom Group revenue rises 9% in Q1 to June

Published 23 Jul 2021 09:48 CET | Africa
Vodacom Group revenue increased to ZAR 24.8 billion in the first quarter ended 30 June compared with ZAR 22.73 billion in the ...

Vodafone Spain returns to growth in June quarter, second brand Lowi up to 1.3 mln

Published 23 Jul 2021 09:36 CET | Spain
Vodafone Spain reported a return to positive organic service revenue growth in its fiscal first quarter to June, posting a rise ...

Vodafone donates EUR 1 mln to German aid organisations supporting flood victims

Published 23 Jul 2021 09:34 CET | Germany
Vodafone said the group's foundation is donating EUR 1 million to "Aktion Deutschland hilft", a Bonn-based alliance of aid ...

Vodacom South Africa revenue rises 13% in Q1 to June

Published 23 Jul 2021 09:23 CET | South Africa
Vodacom South Africa's revenue increased by 13.2 percent to ZAR 19.53 billion in the first quarter ended 30 June compared with ...

Vodafone Italia halves service revenue decline to 4% in June quarter

Published 23 Jul 2021 09:15 CET | Italy
Vodafone Italia reported a 3.6 percent fall in organic service revenue in its fiscal first quarter to June, the Vodafone Group's ...

Vantage Towers grows quarterly revenue over 2%, adds 200 tenancies

Published 22 Jul 2021 09:07 CET | Europe
Vantage Towers, the infrastructure operator spun off from Vodafone, reported revenues of EUR 246 million for its fiscal first ...

Vodafone teams up with Global on campaign to highlight digital poverty

Published 14 Jul 2021 12:02 CET | United Kingdom
Vodafone and media and entertainment group Global have announced a six-month campaign to raise awareness about digital exclusion ...

Vodafone to use 100% renewable energy in Europe by 1 July

Published 23 Jun 2021 09:17 CET | Europe
Vodafone's entire European operations will be 100 percent powered by electricity from renewable sources from 1 July of this year, ...

Vodafone Group returns to FY profit on lower revenues, targets higher EBITDA in new year

Published 18 May 2021 08:53 CET | Europe
Vodafone Group reported a return to net profit in its fiscal year to March, at EUR 536 million versus a loss of EUR 455 million a ...

Vodafone commits to net zero carbon emissions by 2040

Published 23 Nov 2020 11:24 CET | World
Vodafone has committed to reducing the company's total global carbon emissions to 'net zero' by 2040, ten years earlier than ...