Vodafone starts a ‘new chapter’ forecasting stronger growth
LONDON: Vodafone said it was entering a “new chapter” as a simpler business focused on markets including Germany, Britain and Africa that would deliver stronger growth after its full-year earnings came in at the top end of its guidance.
The British mobile and broadband company reported a 3.8% rise in core earnings to 11.4 billion euros for the year to end-March, at the top of its forecast after a 0.2 billion euro adjustment for foreign exchange and inflation in Turkey.
It said it expected core earnings to rise to between 11.9 billion euros and 12.2 billion euros this year.
