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Vodafone sales trend improves, sees stable EBITDA in new yr

Tuesday 19 May 2015 | 08:17 CET | News
Vodafone Group reported a return to organic service revenue growth of 0.1 percent in its fiscal fourth quarter to March. Underlying revenues in Europe were down 2.4 percent year-on-year, while its AMAP region grew by 6.0 percent. Over the full year, organic service revenues were still down 1.6 percent, led by a 4.7 percent fall in Europe. Reported revenues grew 10.1 percent to GBP 42.23 billion, helped by the acquisitions of Ono in Spain and KDG in Germany, and the operator met its target for adjusted EBITDA, at GBP 11.7 billion for the year. Net profit from continuing operations fell 48.2

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Categories: Mobile & Wireless
Companies: Vodafone Group
Countries: World
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