Vodafone sees earnings at upper end of new range
6 Articles
6 Articles
Vodafone reviewed its financial projections for the fiscal year 2027, driven by the consolidation of Safaricom, Kenya's telecommunications provider. Exclusive material for subscribers. To have full access, access the link of the material and register.
British telecommunications operator Vodafone rose 4.1 percent on Monday after the company adjusted its profit forecast for the full year in connection with the report for the first quarter of this year, in the broken financial year 2026/2027.
Vodafone increased sales and earnings in the first quarter and raised its annual targets. As a result, the share of the British telecom group increased significantly.
The British telecom operator has published results above expectations and raised its annual targets after the rise to the capital of the African Safaricom. Good news for its new reference shareholder Xavier Niel.
Here’s why the Vodafone share price is rising after earnings
Vodafone share price continued the recent recovery after the company published strong financial results and boosted its guidance. VOD jumped to 120p, up by 23% from its lowest level this month. This rally may continue as Margherita Della Valle’s turnaround efforts start bearing fruit. Vodafone published strong results and guidance Vodafone, one of the biggest telecommunications group in the world, published strong financial results. Its revenue …
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