Tuesday, November 15, 2016

Vodafone Slips To Pre-Tax Loss On Hefty India Charge; Narrows FY View

Vodafone Group Plc reported Tuesday a hefty Pre-Tax loss in its first half, compared to prior-year's profit, reflecting impairment of 5 billion euros, relating to Indian business, and weak revenues. Looking ahead for the full year, the British telecom major narrowed its earnings view. Shares were gaining around 2 percent in the morning trading in London.

from RTT - Earnings http://ift.tt/2fc33kY
via IFTTT

No comments:

Post a Comment