Q1 2024 Vodafone Group PLC Trading Statement Call Transcript
Good morning, everyone, and thank you for joining me for our first quarter update. Before discussing our trading, I'd like to highlight some other news from this morning. You may have seen that we have announced the appointment of Luka Mucic as our new CFO. Luka joins us from SAP, where he was most recently the COO and CFO. I really look forward to welcoming him in September and, of course, having him with us for half 1 in November.
Turning to our Q1 trading update. When I took over, I was clear that Vodafone needed to change, to reduce complexity, get back to basics in consumer, reengineer our commercial model in Germany and scale up our business segment.
As we progress our plans to transform Vodafone, I'm pleased to report that we have achieved a better service revenue performance across almost all of our markets in Q1, and we have also reiterated our EBITDAaL and cash flow guidance for the year. We have delivered organic service revenue growth of 3.7% or 1.8%, excluding Turkey. We
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