Tuesday, May 17, 2022

Vodafone FY22 Pre-tax Profit Down, Issues FY23 Earnings View

British telecom major Vodafone Group Plc reported Tuesday weak pre-tax profit in its fiscal 2022, while attributable profit increased significantly with higher revenues. Looking ahead, for fiscal 2023, the company projects adjusted EBITDAaL, a key earnings metric, to be below or above last year. Further, the company maintained its dividend for the year.

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