Vodafone Group PLC (BSP:V1OD34)
R$ 24.58 -0.11 (-0.45%) Market Cap: 654.56 Bil Enterprise Value: 925.60 Bil PE Ratio: 19.27 PB Ratio: 0.37 GF Score: 72/100

Q3 2021 Vodafone Group PLC Trading Statement Call (Q&A) Transcript

Feb 03, 2021 / 10:00AM GMT
Release Date Price: R$46.74
Nicholas Jonathan Read
Vodafone Group Plc - CEO & Executive Director

Good morning, everyone, and welcome to our Q3 Trading Update. I'm joined by Margherita. Good morning, Margherita.

Margherita Della Valle
Vodafone Group Plc - CFO & Director

Hello.

Nicholas Jonathan Read
Vodafone Group Plc - CEO & Executive Director

And we have an opportunity just to go through the results and Q&A with you. We attached a short presentation on our IR website. We're not going to go through page by page on that. But what I thought I'd do is just give you a sort of 1-minute summary of the key messages.

So first and most importantly, we are back to growth. That growth was an improvement in our underlying performance and also a lot of drag from booming. We also had a very good performance in Germany, our largest market.

I was really pleased with the consistent level of commercial performance. We saw mobile European contract churn year-to-date down 1.1 percentage points, so continuing trends in terms

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