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Vodafone Group Plc. FY25 Q&A Transcript JP Morgan
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lose the year-over-year drag from the MDUs from the second quarter. In parallel, we are progressing with the ramp-up of the 1&1 migration. That was off to a slow start when we came together the last time. But I have to say, since then it has picked up. So, we have now a better line of sight, and I think can expect that from the second half year on, we will operate at the full run rate there and therefore this will of course be a big benefit to the second half performance. Outside of those mechanical impacts, we are obviously happy that we have now stabilised our commercial performance in broadband. We believe in the potential of our overarching transformation efforts for the German market. I think as we progress through the year, this will more and more gradually add to the strength of our results in Germany.
Akhil Dattani JP Morgan Luka Mucic Vodafone
Just an aside, Luka, congratulations on a new role, and best of luck for the future as well.
Well, thank you very much. But you will still be with me for a couple of more occasions in this, but thank you.
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