Full Year 2023 Vodafone Group PLC Earnings Call Transcript
Good morning, everyone and thank you for joining me for our Full Year Results. Our challenge today, as you see in our results is that 3 of our largest markets have declining revenue and our returns are still below our cost of capital. Our performance relative to major competitors has also not been good enough.
This requires Vodafone to change and by change, I mean a significant redesign of where we focus our efforts and how we organize ourselves. We need Empower and agile markets focused on our customers. We need to scale up Vodafone business, and we need to take out complexity and simplify how we operate. To support our transformation, we also need to focus our resources on a portfolio of products and geographies that is rightsized for growth.
I've set out my road map for Vodafone in a video presentation that I hope you will have time to watch. We will deliver our transformation by focusing on 3 priorities: customers, simplicity and growth. Starting with customers, our focus has to
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