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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

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Vodafone

Reuters  |  LONDON 

Vodafone

LONDON (Reuters) - 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: Mon, November 16 2020. 13:19 IST
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