Vodafone – Roaming Revenue Rebounds
Vodafone Group plc (LON:VOD)’s total first quarter revenue for the 2022 financial year rose 5.6% on an organic basis to €11.1bn. Service revenue grew 3.3% organically to €9.4bn. Q2 2021 hedge fund letters, conferences and more At a group level, roaming and visitor revenue grew 56%, but is still another 54% behind its pre-pandemic level. This contributed to growth across most markets. Vodafone confirmed it is on track to meet full year guidance of underlying cash profits after leases (EBITDAaL) of between €15.0bn and €15.4bn and adjusted free cash flow of “at least” €5.2bn. The shares rose 3.7%...