Financial Highlights ⫶ Service revenue acceleration • All segments growing in FY24 Service revenue growth Adjusted EBITDAaL Group Group excl. Turkey € 14.7bn € 12.4bn (2.3) 6.6% 6.3% 7.1%
+2.2% 2
• On a like-for-like basis +2.2% growth in FY24 • EBITDAaL margin impacted by higher energy costs
€ 11.0bn
• Group growth accelerated in Q4 despite first MDU impacts • Vodafone Business +5.4% (Q3: +5.0%)
5.4%
4.2%
3.9% 3.4%
3.6% 4.0%
33.0% Adj. EBITDAaL margin
30.0% Adj. EBITDAaL margin
3.0%
2.3%
1.6%
FY23 EBITDAaL (reported)
Italy & Spain
FY23 EBITDAaL (re-presented)
FY24 EBITDAaL (reported)
Q3 FY23
Q4 FY23
Q1 FY24
Q2 FY24
Q3 FY24
Q4 FY24
Return on Capital Employed Pre-tax ROCE
Europe
Africa 1
• Both Europe and Africa continued to grow • Europe supported by price actions • Turkey & Egypt growing ahead of inflation in Q4
10.0%
• Higher pre-tax ROCE under the new footprint • Lower operating profit impacting year-over- year
1.4pp
9.0% 9.0% 8.8%
8.0%
8.2%
7.0%
7.5%
6.8%
2.7% 2.2% 2.4%
1.5%
0.7% 0.1%
Q3 FY23
Q4 FY23
Q1 FY24
Q2 FY24
Q3 FY24
Q4 FY24
FY23 (reported)
Italy & Spain
FY23 (re-presented)
FY24 (reported)
FY24 results ⫶ May 2024
1. Vodacom Group only 2. Organic Adjusted EBITDAaL growth. Presents performance on a comparable basis, excl. the impact of FX rates, M&A and the hyperinflation adjustment in Turkey.
6
Powered by FlippingBook