Earnings ·
Vodafone reports €3.6B loss, upgrades FY27 Adj. EBITDAaL to €13.2-€13.4B
VODVodafone Group Public Ltd Co
Vodafone Group reported a H1 FY27 net loss of €3.6 billion, driven by non-cash charges including a €4.85 billion impairment in Germany and a €2.2 billion write-down of deferred tax assets in the UK following the VodafoneThree buyout. These losses were partially offset by a €3.0 billion gain from Safaricom consolidation. Despite the net loss, underlying performance was strong: total revenue rose 11.4% to €21.9 billion and Adjusted EBITDAaL increased 6.4% organically to €6.5 billion. The company upgraded its full-year FY27 guidance, now expecting Adjusted EBITDAaL of €13.2–€13.4 billion and Adjusted Free Cash Flow of €2.8–€3.0 billion. Vodafone also declared an interim dividend of 2.306 eurocents per share. The company operates in the global telecommunications industry, providing mobile, fixed-line, and digital services.