Q1 2023 Vodafone Group PLC Trading Statement Call (Q&A) Transcript
Good morning, and thank you for joining both of us for the Q1 Update.
Hello, everyone.
So before we start with questions, I thought I'd make 4 points on the results that we went out with. First of all, we've executed in line with expectations for Q1, delivering another quarter of service revenue growth both in Europe and Africa. Group service revenue was up 2.5%. European service revenue up 0.5%, and we saw an acceleration in business revenues up 1.7%.
Particularly pleased with the U.K. business. It saw service revenues grow 6.5% and a double-digit performance in consumer. And that was supported not only by price increases, but also the very strong commercial momentum that we have in the U.K. I think it really is a good demonstration of the
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