Nov 15, 2022 / 10:00AM GMT
Nicholas Jonathan Read - Vodafone Group Public Limited Company - CEO & Executive Director
Good morning, everyone, and thank you for joining us for our H1 results. Before Margherita and I have a chance to answer your questions, I thought I'd just touch on 4 key points from the presentation.
Firstly, in the first half, we delivered a resilient financial performance. You saw that our group service revenue remain constant at 2.5%, although we experienced a slowdown in Europe, offset by a stronger performance in Turkey and Africa.
EBITDA moderately declined at EUR 7.2 billion when we take into account the significant one-off adjustment of TI settlement in Italy last year. The underlying decline was due to the performance in Germany. We remain confident in delivering our full year adjusted EBITDA within our original guidance range, although higher energy costs in the second half means that we will be towards the lower end.
We're also confirming our interim dividend at EUR 0.045, in line with our annual commitment of a minimum of EUR 0.09.
Second, we're making good
Half Year 2023 Vodafone Group PLC Earnings Call Transcript
Nov 15, 2022
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