Overview
- Vodafone, which reported full-year results Tuesday, swung to a €1.86bn pre-tax profit and delivered €11.35bn of underlying earnings at the top of guidance.
- Management forecast underlying earnings of €11.9bn to €12.2bn for 2026–27 and flagged external risks from regional conflict and the global economy.
- Last week the group agreed a £4.3bn deal to buy CK Hutchison’s 49% stake in VodafoneThree, taking full control of the UK’s largest mobile operator by customers.
- Vodafone expects about £700m in yearly savings by 2030 from integrating VodafoneThree and has launched a 5G home broadband service for areas without full‑fibre lines.
- Africa delivered the strongest growth through Vodacom, while trends in Germany improved after tough quarters even though full-year service revenue there fell slightly.