Vodafone Raises Guidance After 9.8% Service Revenue Growth Beats Estimates on Safaricom Consolidation
Vodafone posted first-quarter revenue of €10.3 billion, a 9.7% increase from the prior year, driven by €8.6 billion in service revenue that rose 9.8% following the consolidation of Vodafone Three UK.
The carrier lifted guidance to include Safaricom, projecting earnings at the upper end of its new range, after sales growth in its largest market pushed top-line figures past analyst estimates in the updated FY27 trading statement.
From the sources (4 posts)
@vodafonegroupWe’ve released our trading update for Q1 FY27. Find out more details here:
@reutersVodafone ups guidance to include Safaricom, see earnings at upper end of new range
@alfpullaVodafone has today announced its FY27 Q1 Results. Total revenues up 9.7% to €10.3B driven by strong service revenue growth and the consolidation of @VodafoneThreeUK. Service revenues reached €8.6B (+9.8%) with growth across all segments | @
@businessVodafone reports first-quarter service revenue growth that beat analysts’ estimates after sales increased in the phone carrier’s largest market