Vodafone Group PLC

Latest Results (17.12.2024):

Total Revenue

In the first half of FY25, Vodafone Group PLC reported a total revenue increase of 1.6%, reaching €18.3 billion. This growth was driven by organic service revenue increases, although it was partially offset by adverse foreign exchange movements. The company continues to focus on expanding its service offerings across various markets.

Service Revenue

Vodafone Group PLC's service revenue grew by 1.7% on a reported basis and by 4.8% on an organic basis during H1 FY25. While there was an anticipated slowdown in Germany, this was counterbalanced by growth in other European markets, as well as in Africa and Turkey. The company's business segment also saw accelerated growth, fueled by demand for digital services.

Operating Profit

The operating profit for Vodafone Group PLC increased significantly by 28.3% to €2.4 billion in H1 FY25. This rise was primarily attributed to a €0.7 billion gain from the disposal of an 18% stake in Indus Towers. The company continues to focus on strategic disposals to enhance its financial performance.

Adjusted EBITDAaL

Vodafone Group PLC reported a 3.8% increase in Adjusted EBITDAaL on an organic basis for H1 FY25. This growth was supported by service revenue increases and reduced energy costs in Europe. However, in Germany, Adjusted EBITDAaL declined by 9.3%, largely due to the impact of the MDU TV law change.

Earnings Per Share

For H1 FY25, Vodafone Group PLC's basic earnings per share from continuing operations was 3.92 eurocents, a significant improvement from a basic loss per share of 0.40 eurocents in the previous year. The adjusted basic earnings per share also increased to 4.84 eurocents, compared to 3.72 eurocents in the prior year, reflecting higher operating profits.