Financial Performance: Vodafone Group reported a 1H Non-GAAP EPS of 6.92 cents and a revenue of €19.6 billion, reflecting a 7.2% year-over-year increase. Service revenue rose by 8.1% to €16.3 billion.
Regional Growth: The company saw a return to growth in German service revenue and continued expansion in the UK, Africa, and Türkiye, with Vodafone Business growing by 2.6% in H1.
EBITDA and Cash Flow: Adjusted EBITDAaL increased by 5.9% to €5.7 billion, while cash from operating activities decreased by 9.8% to €5.1 billion, influenced by prior period cash inflows from discontinued operations.
Investment Insights: Analysts are evaluating Vodafone's stock as one of the few attractively priced telecom options, while also noting the recent $2.7 billion network deal secured with Ericsson and Nokia.
Vodafone Group Plc is a telecoms company. The Company provides mobile and fixed services to over 355 million customers in 15 countries, partners with mobile networks in over 40 more and has IoT platforms. In Africa, its financial technology businesses serve almost 92 million customers across seven countries. Its products include Unified Communications, Mobile Connectivity, Fixed Connectivity, Digital Applications, IoT Connectivity, Cloud & Edge, E2E Solutions, and Security. Its unified communications solutions include Microsoft Teams Voice, voice services, and recording services. Its digital applications include Gemini for Google Workspace, Google Workspace, Microsoft 365 Business, and Copilot for Microsoft 365. Its Cloud & Edge services include cloud services, mobile private networks, and multi-access edge computing (MEC). It provides solutions for large and multinational business, small and medium business, international public sector, and carriers and digital service providers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
