December 6, 2006
NEWBURY, U.K. -- Vodafone Group Plc (“Vodafone”) is today hosting an analyst and investor day in London, which will focus on its EMAPA (Eastern Europe, Middle East, Africa, Asia Pacific and Affiliates) region. The day will be introduced by Arun Sarin, Vodafone’s Chief Executive, and this will be followed by an overview from Paul Donovan, CEO EMAPA, before individual presentations focusing on Vodafone’s subsidiaries in Romania, Turkey and Egypt and its joint venture, Vodacom, in South Africa.
The presentations given by the management of these businesses will highlight the latest market dynamics and give greater detail on how these operations are capturing the growth opportunities within their markets.
In December 2005, Vodafone provided certain financial metrics on its business in Turkey and these will be updated during this morning's presentation. Vodafone reiterates its expectations of compound average annual revenue growth of 20% in US$ for Vodafone Turkey for the next five years, but is now targeting EBITDA margin percentage in the medium term to be in the high-twenties compared with mid-twenties previously.
Vodafone Group plc (NYSE: VOD)
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