Thursday, July 23, 2020

Vodafone Q1 Trading In Line With Its Expectations; Affirms 2021 Adj. EBITDA Outlook

Vodafone Group Plc (VOD.L) reported first quarter total revenue of 10.51 billion euros, compared to 10.65 billion euros, previous year. Total revenue declined 2.8% on an organic basis. Total service revenue was 9.11 billion euros, compared to 8.99 billion euros. Organic service revenue was down 1.3%, for the quarter. The Group noted that COVID-19 crisis had a significant impact on service revenue in its first quarter.

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