US EditionVodafone Says Germany Will Return to Growth This Year
- Vodafone published its Q4 FY25 results on May 20, 2025, revealing losses in Germany but expecting growth across Europe and Africa this year.
- The losses stem from new German legislation effective July 2024 that barred bundling TV contracts with rent, causing Vodafone to lose over four million customers.
- Over the past two years, CEO Margherita Della Valle has driven a major transformation by divesting Vodafone’s businesses in Spain and Italy and finalizing a merger in the UK that will establish the company as the country’s largest mobile network provider.
- Vodafone reported a €1.4 billion pre-tax loss mostly due to a €4.35 billion impairment on Germany, with a 5% service revenue drop there, but expects renewed revenue and cash flow growth.
- These results reflect ongoing uncertainties and competitive pressures but position Vodafone for multi-year growth supported by operational improvements and strategic investments.
21 Articles
21 Articles
Vodafone says Germany will return to growth this year
Mobile and broadband provider Vodafone said it expected to return to revenue growth in Germany, its largest market, this year, driving an increase in cash flow after it said it met expectations for the year ending in March today.
Vodafone eyes German turnaround despite big TV subscriber loss
Vodafone expects a return to revenue growth in Germany this year, despite a 5% drop in service revenue for the fiscal year ending March 2025, primarily driven by the loss of 3 million TV subscribers. This decline followed regulatory changes that ended bulk TV contracts in multi-dwelling units and a shrinking broadband customer base due to price hikes. Source: Vodafone eyes German turnaround despite big TV subscriber loss
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