Vodafone 2024 Annual Report

240 Vodafone Group Plc Annual Report 2024 240 Vodafone Group Plc Annual Report 2024

Strategic report

Governance

Financials

Other information

Non-GAAP measures (continued) Unaudited information

Re-presented 1 Q3 FY23

Reported growth

M&A and Other

Foreign exchange

Organic growth*

Q3 FY24

€m

pps

Quarter ended 31 December 2023 Service revenue Germany

2,892 1,272 1,620 1,400 1,034 366 1,175 393 1,543 137 7,505 1,841 9,346 7,119 393 1,943 612

2,882 1,279 1,603 1,327 977 350 1,275 368 1,668 134 7,617 1,978 9,595 7,290 334 1,954 629

0.3 (0.5) 1.1 5.5 5.8 4.6 (7.8) 6.8 (7.5) (1.5) (2.6) (2.3) (0.6) (2.7) 6.3 (1.3)

– – – – –

– – –

0.3 (0.5) 1.0 5.2

Mobile service revenue Fixed service revenue Mobile service revenue UK Fixed service revenue Other Europe 2 Common Functions Eliminations Total service revenue Other revenue Turkey 3 Africa 4

(0.1)

(0.3) (0.4) (1.0) –

5.4 4.6 3.6

12.4 19.5

64.1 16.3

90.4 8.8

–

(35)

(37)

2.5 3.3 2.7 2.5 0.8 9.7 –

5.3 5.2

6.3 5.9

Revenue

Other growth metrics Group service revenue excluding Turkey Turkey - Service revenue Vodafone Business - Service revenue Germany - Vodafone Business service revenue UK - Vodafone Business service revenue Other Europe - Vodafone Business service revenue Turkey - Vodafone Business service revenue

3.2 83.4 3.1

3.6 90.4 5.0

17.7

(10.7)

–

(1.9) 5.8 7.8

540 375 53

508 380 44

(0.5) (0.6)

20.5

(34.4)

108.6

94.7

Notes: 1 The results for the quarter ended 31 December 2022 have been re-presented to reflect that the results of Vodafone Spain and Vodafone Italy are now reported as discontinued operations. See note 7 ‘Discontinued operations and assets held for sale’ in the consolidated financial statements for more information. 2 The comparative period includes the results of Vodafone Hungary which, as previously reported, was sold in January 2023. 3 The comparative period includes the results of Vodafone Ghana which, as previously reported, was sold in February 2023. 4 From 1 April 2023, the Group revised its segmental reporting by moving Vodafone Egypt to the Africa segment. The comparatives have been re-presented on the new basis of segmental reporting. There is no impact on previously reported Group metrics.