Africa ⫶ Resilient performance South Africa 14% of Group EBITDAaL 1 +2.6% Service revenue growth
+31.3% Service revenue growth
+5.3% Service revenue growth
Egypt 6% of Group EBITDAaL 1
Internationals 4% of Group EBITDAaL 1
• Good mobile contract & fixed growth • Slowdown mainly due to prior year usage step up during power outages & wholesale pressure • Pricing transformation now started in prepaid • EBITDAaL -0.6% reflecting higher technology spend (energy related)
• Pricing actions supporting good growth & acceleration above inflation in Q4 • Strong demand for Vodafone Cash, revenue more than doubled in FY24 • EBITDAaL (+38.5% organic growth) impacted by currency devaluation
• Strong growth in Tanzania & reacceleration in DRC • Mozambique impacted by heavy price competition • Continued strong M-Pesa growth 13.4% • EBITDAaL +0.5% with margin loss from Mozambique
Service revenue growth (%)
Service revenue growth (%)
Service revenue growth (%)
4.1%
40.3%
3.9%
6.7%
6.3%
5.2%
5.2%
29.1%
28.4%
27.6%
25.9%
1.9%
3.1%
1.4%
0.7%
Q4 FY23
Q1 FY24
Q2 FY24
Q3 FY24
Q4 FY24
Q4 FY23
Q1 FY24
Q2 FY24
Q3 F24
Q4 FY24
Q4 FY23
Q1 FY24
Q2 FY24
Q3 FY24
Q4 FY24
FY24 results ⫶ May 2024
9
1. Based on FY24 Adjusted EBITDAaL contribution
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