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VOD Vodafone Group PLC

8.65
0.04 (0.46%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Vodafone Group PLC NASDAQ:VOD NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.04 0.46% 8.65 8.47 9.10 8.69 8.59 8.67 3,904,598 05:00:08

Vodafone Reports Drop in 1Q Revenue, Reiterates Fiscal Year Outlook

21/07/2017 7:53am

Dow Jones News


Vodafone (NASDAQ:VOD)
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By Tapan Panchal

 

LONDON--Vodafone Group PLC (VOD.LN) Friday reiterated its earnings outlook for the full year, as it reported a 3.3% drop in quarterly revenue.

The mobile phone operator recorded revenue of 11.47 billion euros ($13.27 billion) for the quarter ended June 30, down from EUR11.87 billion in the same period a year earlier. The drop in first-quarter revenue reflected the negative impact of foreign-exchange rate movements and de-consolidation of Vodafone Netherlands.

Service revenue for the period fell 4.6% to EUR10.28 billion. On an organic basis, service revenue increased 2.2%.

 

Write to Tapan Panchal at tapan.panchal@wsj.com

 

(END) Dow Jones Newswires

July 21, 2017 02:38 ET (06:38 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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