Home News Vodafone increases in the 2009/10 financial year sales and earnings

Vodafone increases in the 2009/10 financial year sales and earnings

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NEWBURY (Dow Jones) – British telecoms group Vodafone has 2009/10 financial year, both from growth in the mobile sector as well as Fixed lines as well as benefiting from cost savings and earns more. The Net profit nearly trebled to £ 8.65 billion, compared with 3.08 billion GBP in the previous year, as the group from Newbury announced on Tuesday.
While the current number to a depreciation of the India Business in the volume of 2.3 billion pounds because of tough price competition in the Land is contaminated, was the figure last year by a depreciation of 5.9 been diminished billion GBP.
In terms of sales, the Vodafone Group plc also increased and thus which exceeded market expectations. The implemented GBP 44.47 billion is one-year figure of 41.02 billion GBP, and one analyst forecast of GBP 44.3 billion compared. Helped the company has here the Weakness of sterling on the translation of revenues from other Currencies like the euro, among other things.
The free cash flow to 7.2 billion pounds quantified Vodafone – an increase of 27% from the previous year. Market observers had only 6.8 Billion pounds expected. The free cash flow is the preferred Vodafone Indicator of profitability and also crucial for the dividend of the Group. In February, Vodafone had for the One full year free cash flow to range between 6.5 bn and 7 billion GBP forecast.
For the past year, the Group will now a higher dividend of 8.31 pence paid. Last year it was 7.77 pence. For the next three years, the Group is a annually by about 7% dividend growth in prospect.

   

Website: www.vodafone.com

-By Lilly Vitorovich, Dow Jones Newswires
+49 (0) 69 29 725 104 unternehmen.de @ dowjones.com
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(END) Dow Jones Newswires

May 18, 02:48 ET 2010 (06:48 GMT)

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