Home Vodafone ups FY guidance on stronger profit, better organic revenue in H1
 

Keywords :   


Vodafone ups FY guidance on stronger profit, better organic revenue in H1

2017-11-14 09:33:00| Telecompaper Headlines

(Telecompaper) The Vodafone Group said revenues for its fiscal first half to end September fell over 4 percent year-on-year to EUR 23.07 billion, mainly due to the deconsolidation of Vodafone Netherlands after the creation of joint-venture VodafoneZiggo, plus forex effects. The operating profit meanwhile rose 32.5 percent to EUR 2.00 billion, showing the company's actions to improve cost efficiencies. Adjusted EBITDA  went 4.2 percent higher to EUR 7.4 billion despite the deconsolidation drag. Net debt at the end of the half fell to EUR 32.05 billion from 37.9 billion the year before. 

Tags: in ups profit revenue

Category:Telecommunications

Latest from this category

All news

»
01.11CERM launches new MIS products, Mark Andy innovates and more
01.11Removing a major trade barrier: Full access to Colombia restored for U.S. beef
01.11Getting more out of fall and winter grazing
01.11U.S. Boston butt burger launches in Colombia
01.11All Americans have a role in keeping African swine fever out
01.11BASF TotalEnergies Petrochemicals Receives United Way Champions of Hope Award
01.11US jobs growth slows as presidential election looms
01.11Heritage Environmental Services Secures Commercial Permit Status for Orange, TX Incinerator
More »