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6-K: Vodafone Group H1 FY25 Results

SEC ·  Nov 13 02:35

Summary by Futu AI

Vodafone Group reported solid H1 FY25 results, with organic service revenue growth of 4.8% and Adjusted EBITDAaL up 3.8% year-over-year. Total revenue increased 1.6% to €18.3 billion, driven by growth in Other Europe, Africa & Turkey, offsetting an anticipated slowdown in Germany.Germany saw a 3.9% decline in service revenue, impacted by the MDU TV law change. The UK delivered 0.6% organic service revenue growth, while Africa grew 9.9%. Vodafone Business accelerated to 4.0% growth in Q2. Adjusted EBITDAaL reached €5.4 billion, supported by revenue growth and lower energy costs in Europe.The company reiterated its FY25 guidance for Adjusted EBITDAaL of c.€11 billion and Adjusted free cash flow of at least €2.4 billion. Vodafone continues to execute its strategic priorities, including investing in Germany's turnaround, expanding B2B capabilities, and simplifying operations. The interim dividend was set at 2.25 eurocents per share.
Vodafone Group reported solid H1 FY25 results, with organic service revenue growth of 4.8% and Adjusted EBITDAaL up 3.8% year-over-year. Total revenue increased 1.6% to €18.3 billion, driven by growth in Other Europe, Africa & Turkey, offsetting an anticipated slowdown in Germany.Germany saw a 3.9% decline in service revenue, impacted by the MDU TV law change. The UK delivered 0.6% organic service revenue growth, while Africa grew 9.9%. Vodafone Business accelerated to 4.0% growth in Q2. Adjusted EBITDAaL reached €5.4 billion, supported by revenue growth and lower energy costs in Europe.The company reiterated its FY25 guidance for Adjusted EBITDAaL of c.€11 billion and Adjusted free cash flow of at least €2.4 billion. Vodafone continues to execute its strategic priorities, including investing in Germany's turnaround, expanding B2B capabilities, and simplifying operations. The interim dividend was set at 2.25 eurocents per share.

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