Vodafone Clocks 4 percent Revenue Growth In FY22 Aided By Service Revenue Growth In Europe, Africa

A Vodafone logo at a store in central London on May 16, 2017. Daniel Leal/AFP via Getty Images

Vodafone Group Plc. reported FY22 revenue growth of 4.0percent year-on-year to €45.6 billion, mainly driven by service revenue growth in Europe and Africa. The service revenue grew 2.6 percent Y/Y to €38.2 billion.

Adjusted EBITDAaL grew 5 percentto €15.2 billion. The margin expanded 50 bps to 33.4 percent.

The adjusted basic EPS was €0.11.

The board recommended a dividend of €0.09.

Vodafone generated €18.1 billion in operating cash flow. Adjusted free cash flow was €5.4 billion.

Outlook

Vodafone sees FY23 Adjusted EBITDAaL of €15 billion–€15.5 billion.

Vodafone expects an Adjusted free cash flow of €5.3 billion.

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