Tuesday, 27 June 2017

Voda lifts outlook, but certain markets weigh on results

By Mary Lennighan, Total Telecom
Tuesday 08 November 11

U.K. Mobile group reports good overall 1H results; Colao identifies weaker markets including Greece, where telco takes £450 million writedown.

Vodafone raised its full-year operating profit guidance and interim dividend on Tuesday as revenue and EBITDA for the first half of the year came in ahead of industry expectations, driven by a strong performance in emerging markets, north America and some of Europe. However, the U.K.-based mobile group's numbers demonstrated that it still faces challenges in key markets, particularly those European countries struggling with difficult macro…

Vodafone raised its full-year operating profit guidance and interim dividend on Tuesday as revenue and EBITDA for the first half of the year came in ahead of industry expectations, driven by a strong performance in emerging markets, north America and some of Europe. However, the U.K.-based mobile group's numbers demonstrated that it still faces challenges in key markets, particularly those European countries struggling with difficult macro…

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