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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
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Share Price: 77.52
Bid: 77.38
Ask: 77.40
Change: 1.42 (1.87%)
Spread: 0.02 (0.026%)
Open: 76.28
High: 77.86
Low: 76.24
Prev. Close: 76.10
VOD Live PriceLast checked at -

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Vodafone beats estimates as organic revenue trends improve in Q3

Thu, 05th Feb 2015 07:47

Vodafone dialed in a smaller-than-expected decline in organic service revenues in the third quarter thanks to a steady recovery in Europe and a return to growth in the UK, keeping full-year profit guidance in line.Group revenues totalled £10.88bn in the three months to 31 December 2014, up 13.5% over last year, as service revenues increased 12.4% to £9.79bn.On an organic basis, service revenues slipped 0.4% year-on-year, a sharp improvement on the 2.8% decline in the first half and besting analysts' forecast declines ranging from 0.5% to 1%."We have achieved another quarter of improving revenue trends in most of our major markets," said chief executive Vittorio Colao.Organic service revenues fell by 2.7% across Europe to £6.63bn, much better than the 6.5% plunge in the first half, as declines in Germany, Italy and Spain eased on the back of contract customer growth and a more stable pricing environment.Meanwhile, UK organic service revenues recorded growth of 0.9% to £1.53bn, compared with a 3.1% drop in the first six months of the year.Elsewhere, Africa, Middle East, Asia-Pacific (AMAP) organic service revenues improved 5.9% in the third quarter to £3.06bn, compared with 5.7% growth in the first half.The group said its performance in the third quarter was in line with expectations, as it held on to its target for earnings before interest, tax, depreciation and amortisation of £11.6bn-11.9bn for the year ending 31 March 2015, down from £12.8bn the year before.The stock was down 0.5% at 235.25p in early deals on Thursday.
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20 Dec 2023 19:56

PRESS: Swisscom weighs up offer for Vodafone's Italian business

(Alliance News) - Swisscom AG is weighing an offer for Vodafone Group PLC's Italian business early next year, potentially countering a rival bid from Iliad SA for the unit, Bloomberg reported, citing people familiar with the matter said.

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20 Dec 2023 08:48

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18 Dec 2023 17:36

European shares ease as ECB officials temper rate cut optimism

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18 Dec 2023 17:21

Energy stocks lift UK's FTSE 100, Vodafone shines

Vodafone jumps as Iliad offers to merge Italian units

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18 Dec 2023 16:35

Vodafone shares climb as Iliad proposes Italian merger

Vodafone is reviewing options for its Italian unit

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(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.

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18 Dec 2023 11:50

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UPDATE: Vodafone confirms eyeing merger or disposal of Italy business

(Alliance News) - Vodafone Group PLC on Monday confirmed it is "exploring options with several parties" to combine or sell its telecommunications operations in Italy.

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18 Dec 2023 09:17

PRESS: France's Iliad prepares offer to combine with Vodafone in Italy

(Alliance News) - France's Iliad SA wants to finalise by the end of January a proposal to Vodafone Group PLC to combine their telecommunications operations in Italy, Reuters reported late Friday.

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18 Dec 2023 09:07

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Vodafone surges as Iliad proposes merging Italian businesses

(Sharecast News) - Vodafone confirmed on Monday that it is in talks with several parties about the potential merger or disposal of its Italian unit, after France's Iliad said it had submitted a proposal to merge their two Italian businesses.

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18 Dec 2023 08:05

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

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18 Dec 2023 07:59

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

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