Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

Vodafone Confirms Guidance After Resilient First-Half

The company said on Monday its adjusted earnings fell by 1.9% to 7.0 billion euros on a 2.3% drop in group revenue to 21.4 billion euros as the pandemic impacted roaming revenue and lower handset sales.

Photo Credit :

1583488523_V4onCc_16538443509_3ccd852e31_b.jpg

Vodafone Group, the world's second largest mobile operator, said it was increasingly confident about its full-year performance after a "resilient" first-half, despite underlying momentum being obscured by the impact of COVID-19.

The company said on Monday its adjusted earnings fell by 1.9% to 7.0 billion euros on a 2.3% drop in group revenue to 21.4 billion euros as the pandemic impacted roaming revenue and lower handset sales.

(Reuters)


Tags assigned to this article:
vodafone COVID-19 revenue