Vodafone FY revenue 40.5 bln eur, up 8.0%
(Il Sole 24 Ore Radiocor) - Milano, 12 mag - The UK telecoms operator Vodafone said that in the full year ended in March, total revenue increased 8.0% to 40.5 billion euros, due to strong service revenue growth and the consolidation of Three UK, partially offset by foreign exchange movements.
Service revenue grew 8.8% to 33.5 billion euros and was up 5.4% on an organic basis with growth in all segments except Germany.
In Germany, organic service revenue decreased 0.2%, with gradual improvement throughout the year to 1.3% growth in the fourth quarter. Mobile market competitive intensity and the final TV law impact were offset by higher wholesale revenue, Consumer broadband ARPU improvement and strong digital services demand in Business.
In the UK, organic service revenue increased 0.3% with growth in the Consumer and Wholesale segments, partially offset by Business decline due to planned managed services contract terminations.
Organic service revenue grew 0.5% in Other Europe with good performance across markets offset by competitive pressure in Portugal. Service revenue in Turkey increased 10.8% in euro terms. Africa maintained double-digit organic service revenue growth, up 12.9%, supported by growth above inflation in Egypt and Vodacom's international markets.
In the Business division, organic service revenue grew 3.2%, with double digit growth in digital services.
Adjusted EBITDAaL increased 3.8% to 11.4 billion euros and was 4.5% organically, driven by service revenue growth, only partially offset by continued commercial investment.
Operating profit rose by 3.2 billion euros to 2.8 billion euros, due to adjusted EBITDAaL growth and non-cash impairment charges in the prior year, partially offset by higher depreciation and amortisation following the consolidation of Three UK.
Total dividends per share are 4.6125 eurocents in the year, up 2.5% increase year-on-year.
The basic loss per share from continuing operations was 1.20 euro cents compared to a loss per share of 15.86 euro cents in the prior year, following the impairment charges in FY25.
Adjusted basic earnings per share was 10.72 euro cents.
compared to 7.87 euro cents in the prior year.
(RADIOCOR) 12-05-26 08:46:47 (0183) 5 NNNN