Vodafone Reports Increase in Quarter 1 Revenue and EBITDAaL; Confirms Fiscal Year 2026 Forecast
Vodafone Group's Q1 FY26 Financial Performance and Strategic Decisions
Vodafone Group Plc has recently released its financial results for the first quarter of its fiscal year 2026 (FY26). Here's a summary of the key points from the announcement.
Financial Performance
- Service Revenue: Vodafone reported a strong performance in service revenue, with a growth of 5.3% to 7.9 billion euros on an organic basis1. This surpassed the anticipated growth of 4.9% as previously stated3.
- Adjusted EBITDAaL: The company saw an increase of 4.9% in Adjusted EBITDAaL, reaching 2.7 billion euros1. The Adjusted EBITDAaL margin stood at 29.3%, a slight decrease from the previous year1.
- Regional Performance: The growth in Africa and Türkiye offset declines in European markets, where service revenue decreased by 1.3%1. In Germany, organic service revenue fell 3.2%2.
Strategic Decisions
- Share Buyback Program: Vodafone announced a new share repurchase program, with a maximum consideration of 500 million euros3. The program, facilitated by Goldman Sachs, is set to commence on July 24, 2025, and will end no later than November 10, 20251.
- Merger and Divestments: The company completed the merger with CK Hutchison’s Three in the UK and sold units in Spain and Italy as part of CEO Margherita Della Valle's turnaround strategy3.
It is worth noting that the query asked for information regarding Vodafone's financial performance and strategic decisions in Q1 2021. However, the provided search results do not include specific details from that period. For accurate information on Vodafone's performance in Q1 2021, historical financial reports or news archives from that time would be necessary.
For further earnings news, earnings calendar, and earnings for stocks, visitors can access our website. For comments and feedback, please contact editorial@our website.
(Note: The provided links are examples and may not be actual links to the sources mentioned in the article.)
In the Q1 FY26 financial report of Vodafone Group Plc, the company showed a growth of 5.3% to 7.9 billion euros in service revenue on an organic basis, exceeding the previously stated anticipated growth of 4.9%. Vodafone also announced a new share repurchase program with a maximum consideration of 500 million euros as part of their strategic decisions.
