Tuesday, May 16, 2017

Vodafone Turns To Pre-tax Profit, Sees Higher Adj. EBITDA Ahead; Stock Up

Shares of Vodafone Group Plc were gaining around 4 percent in the early morning trading in London after the British telecom major reported Tuesday a pre-tax profit in its fiscal 2017, compared to a loss last year, despite lower revenues. On an after-tax basis, the company recorded wider loss amid hefty impairment charge related to Vodafone India.

from RTT - Earnings http://ift.tt/2rl4J1r
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