Tuesday, November 15, 2022

Vodafone H1 Profit Weak, Cuts FY23 View; Plans Cost Cutting; Stock Down

Shares of Vodafone Group Plc were losing around 5 percent in the morning trade in London as well as in the pre-market activity on Nasdaq after the British telecom major reported Tuesday weak profit in its first half with lower revenues. For fiscal 2023, the company now projects adjusted EBITDAaL at at the lower end of original guidance. The company also announced a new cost savings target

from RTT - Earnings https://ift.tt/KnLpYRu
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