Vodafone Group - VOD - Share Chat

It’s a really complex business but a household and business name. Having read the H1 report everything looks pretty positive, even though there has been an obvious hit by COVID.

I’m assuming price will dip a bit following ex-dividend.

Interesting to see major changes in their geographical plays, disposing of New Zealand, Malta and Egypt with mergers and acquisitions elsewhere. A serious business with lots of change.

Revenue down YoY, but profitable as opposed to loss making.

What Vodafone do

H1 Report

I haven’t followed the movements closely regarding telecommunication businesses but things have clearly changed a lot over 10~20 years.

Consumers have moved from text and speech to data. Remember the days when one would be buying text packages and minutes, Stone Age in the tech world.

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Chief executive
16 November 2020
Delivering our strategic priorities at pace to reshape Vodafone

 Resilient financial performance during the first half of FY21, in line with our expectations

 Deepening customer engagement, with mobile contract customer loyalty improved year-on-year for an 8th
successive quarter

 Launched 5G in 127 cities across 9 of our European markets; 52 million marketable homes passed with Gigabit speeds

 Reaffirming FY21 free cash flow guidance of at least €5 billion (pre-spectrum and restructuring) and adjusted EBITDA expected to be between €14.4 – €14.6 billion

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Chief executive:
COVID-19 and the reduction in roaming revenues, through the significant reduction in international travel, is currently obscuring our underlying commercial progress, with Q2 service revenue growing by 1.5% excluding roaming.