Vodafone Group PLC (LSE:VOD) European business is cited as a lagging factor in the telco's financial performance, with UBS expecting next week's fourth quarter update to potentially fall short of expectations. Altogether, the Swiss bank sees struggles in Germany and, in the UK, disruption due to the ongoing acquisition of the Three unit as headwinds (as the ‘dilutive' deal is ‘front-heavy' in terms of capex).
Vodafone Group PLC (LSE:VOD) has announced that chief financial officer Luka Mucic will step down by early 2026 to become chief executive of German real estate company Vonovia, prompting a search for his successor at a time of ongoing transformation at the telecoms group. Mucic, who joined Vodafone in 2023, is leaving to return to his native Germany and take the top job at one of the country's largest listed property groups.
VOD opens a cybersecurity center in Germany to boost the cyber defense mechanism of small and mid-size businesses in the country.
Indian teleco firm Vodafone Idea is in exploratory talks with various satellite communication providers, including Elon Musk's Starlink, to expand its internet services, the company said on Wednesday.
Vodafone introduces mission-critical connectivity solutions to support emergency response services in Europe.
AST SpaceMobile (ASTS 1.81%) stock opened dramatically higher on Monday morning, up 7.3% over the weekend after an early-morning press release announcing the company will form a new satellite communications business with European partner Vodafone (VOD 2.16%).
Investors have three reasons why they "broadly dislike" the European telecoms industry, according to Citi's new sector analyst, and Vodafone Group PLC (LSE:VOD) is not going to change opinions until its German business starts to show evidence of a serious turnaround. The arguments investors have against European telcos are a lack of meaningful growth, companies generally seen as carrying too much debt; and "complexity in the investment case, given exposure to factors such as politics and regulation, as well as sometimes complicated corporate structures," said analyst Carl Murdock-Smith, who has taken over the beat for Citi.
Vodafone released Q3 2025 earnings pre-market on Tuesday, February 4th with 5.2% service revenue growth and 2.2% EBITDAaL growth. Internal and external factors suggest the Germany market is at or near the bottom for Vodafone and industry trends will support growth in the next fiscal year. The dividend is safer than it appears given strong cash flow and the ability to pull back on deleveraging.
Vodafone Group Public Limited Company (NASDAQ:VOD ) Q3 2025 Earnings Conference Call February 4, 2025 5:00 AM ET Company Participants Margherita Della Valle - Group CEO & Executive Director Luka Mucic - Group CFO & Executive Director Conference Call Participants Robert Grindle - Deutsche Numis Polo Tang - UBS James Ratzer - New Street Andrew Lee - Goldman Sachs Adam Fox-Rumley - HSBC Carl Murdock-Smith - Citigroup Akhil Dattani - JPMorgan David Wright - Bank of America Merrill Lynch Joshua Mills - BNP Paribas Exane Emmet Kelly - Morgan Stanley Margherita Della Valle Good morning, everyone, and thank you for joining us for our Q3 trading update. Before taking questions, a brief summary as usual.
Vodafone Group PLC (LSE:VOD) shares fell 6% in early trading on Tuesday after the telecommunications group reported a decline in German sales, which offset gains elsewhere. The company posted a 5% increase in revenue to €9.8 billion (£8.1 billion) for the third quarter, with growth in the UK, Turkey and Africa.
Vodafone Group PLC has unveiled stronger revenue for the third quarter as the telecommunications firm edged closer to completing its £15 billion Three tie-up. Group revenue increased 5% to €9.8 billion (£8.1 billion), driven by growth in the UK, Turkey and Africa, Vodafone said on Tuesday.
European mobile group Vodafone reported another deterioration in Germany, its biggest market, in its third quarter, a weak point amid otherwise stronger trading in Britain, Turkey and Africa.