Vodafone Q1 FY27 Trading Update

Highlights

Group service revenue

+5.2%

Service revenue growth in all segments

Group EBITDAaL

+6.2%

13 of 14 markets 1

Share of promoters growing

Germany Q1 service revenue

+1.2%

Continued growth in Germany & strong integration progress in the UK

UK Q1 service revenue

+0.6%

Synergies delivery

On track

Vodacom Q1 service revenue

+12.6%

Double-digit service revenue growth in Africa

Financial services Q1 growth

+27.1%

Safaricom transaction closed

30 June 2026

FY27 Guidance 2

Expecting to deliver the upper end of our updated FY27 guidance ranges

Group Adjusted EBITDAaL

€13.0 – €13.3bn

Group Adjusted FCF

€2.6 – €2.9bn

1. Not available for Türkiye due a change in data collection methodology. 2. FY27 financial guidance now includes the impact of consolidating Safaricom. See page 9 for more information.

Vodafone Group Plc Q1 FY27 Trading Update ⫶ July 2026

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