logo
  

Vodafone Turns To Profit In FY21, Revenues Down; Sees Higher Adj. EBITDAaL In FY22

Vodafone Group Plc (VOD.L,VOD) reported Tuesday that its fiscal 2021 profit was 536 million euros, compared to last year's loss of 455 million euros.

Basic earnings per share were 0.38 cents, compared to loss of 3.13 cents a year ago.

Adjusted basic earnings per share were 8.08 cents, compared to last year's 5.60 cents.

Operating profit climbed 24.3 percent to 5.10 billion euros. Adjusted EBITDA was 14.39 billion euros, down 1.2 percent.

Group revenue declined 2.6 percent to 43.81 billion euros from prior year's 44.97 billion euros.

Group service revenue edged down 0.1 percent to 37.14 billion euros.

The company announced that total dividends per share are 9.0 eurocents, including a final dividend per share of 4.5 eurocents.

The company noted that adjusted EBITDA will be referred to as 'adjusted EBITDAaL' from fiscal 2022 onwards.

Looking ahead for fiscal 2022, the company expects adjusted EBITDAaL between 15 billion euros and 15.4 billion euros.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
e-Commerce giant Amazon is set to hire 150,000 seasonal employees across the U.S. to manage the upcoming holiday season better. It is looking to provide seasonal jobs to people of all backgrounds and skill levels. Amazon noted that all jobs in the U.S., including seasonal roles, have an average starting pay of $18 per hour, sign-on bonuses up to $3,000 and an additional $3 per hour based on shifts Facebook is planning to create 10,000 new high-skilled jobs within the European Union over the next five years to help build the metaverse, a new concept of a digital world. Metaverse is described as a new phase of interconnected virtual experiences using technologies like virtual and augmented reality. In a blog post, the company stated that the metaverse has the potential to help unlock access.. Walmart is bringing back its month-long savings event "Black Friday Deals for Days" in November, with special early access for Walmart+ members. The retail behemoth, which reinvented the Black Friday shopping events last year, will spread out its Black Friday savings to three events throughout November. Each savings event will begin online at Walmart.com and continue with the same deals in stores.
Follow RTT