Vodafone confirms guidance after resilient first-half amid Covid-19
Vodafone Group said it was increasingly confident about its full-year performance after a "resilient" first-half, despite underlying momentum being obscured by the impact of Covid-19
 "Vodafone")
LONDON (Reuters) - Vodafone Group, the world's second largest mobile operator, said it was increasingly confident about its full-year performance after a "resilient" first-half, despite underlying momentum being obscured by the impact of COVID-19.
The company said on Monday its adjusted earnings fell by 1.9% to 7.0 billion euros on a 2.3% drop in group revenue to 21.4 billion euros as the pandemic impacted roaming revenue and lower handset sales.
(Reporting by Paul Sandle; editing by Sarah Young)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Nov 16 2020 | 1:19 PM IST