Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.
Reports group revenue of £17B, an increase of 9%, and data revenue up 48.8% to £1B in the first half of the fiscal year
November 13, 2007
1 Min Read
NEWBURY, U.K. -- Key highlights(1):
Group revenue of £17.0 billion, an increase of 9.0%, with organic growth of 4.4%
Europe: 2.0% revenue growth with outgoing usage up 24.0%, messaging revenue up 8.6% and datarevenue up 40.8%, all on an organic basis
EMAPA: revenue growth of 39.9%, reflecting acquisitions in India and Turkey. Organic growth of 16.0%Group data revenue up 48.8% to £1.0 billion, with organic growth of 45.1%
Group adjusted operating profit increased 1.6% to £5.2 billion, with organic growth of 6.1%
Free cash flow from continuing operations of £2.7 billion, reflecting 8.1% mobile capital intensity for Europe(2)
Adjusted basic earnings per share increased by 7.4% to 6.42 pence. Basic earnings per share of 6.22 pence
Proportionate mobile customer base of 241 million at 30 September
Results reflect rigorous execution against the Group’s five strategic objectives
Increasing returns to shareholders:
Interim dividend per share increased by 6.0% to 2.49 pence, giving a payout of over £1.3 billion
Improved outlook:
Increased outlook for revenue, adjusted operating profit and free cash flow for the 2008 financial year
Arun Sarin, Chief Executive, commented:“These results reflect our continuing focus on the execution of our strategy. In Europe, we have performed well incompetitive markets by driving strong growth in voice usage and data revenue, whilst improving cost efficiency. InEMAPA, we are capturing the revenue growth opportunities within emerging markets and benefiting from continuingmomentum at Verizon Wireless. The increased interim dividend reflects the Board’s confidence in how the business isprogressing.”
Vodafone Group plc (NYSE: VOD)
You May Also Like
Latest News
.jpeg?width=300&auto=webp&quality=80&disable=upscale)
Popular whitepapers in 5G
May 21 - May 23, 2024
May 21 - May 23, 2024
Join us for an immersive experience where the future of North American telecom industry unfolds in 2024.
LEARN MORE
