RE: RNS = good or bad16 Nov 2021 07:23
Vodafone raises free cash flow guidance after good first half
Tue, 16th Nov 2021 07:15
LONDON, Nov 16 (Reuters) - Mobile group Vodafone
raised its forecast for this year's free cash flow on Tuesday
after it reported 6.5% growth in adjusted core earnings in its
first half, driven by a good performance in Germany, its largest
market.
The British company raised the floor of its full-year
earnings guidance to 15.2 billion from 15.0 billion euros, with
the top remaining at 15.4 billion, and increased its free cash
flow target to at least 5.3 billion euros from at least 5.2
billion.
(Reporting by Paul Sandle; Editing by Kate Holton