Highlights
Q4 service revenue growth FY25 service revenue growth FY25 Adjusted EBITDAaL growth
+5.4% +5.1% +2.5%
Growth in line with expectations
FY25 guidance FY25 outcome 2
FY25 financial guidance delivered
Adjusted EBITDAaL
c.€11bn
€11.0bn €2.5bn
At least €2.4bn
Adjusted FCF
Vodafone has changed ⫶ Taken action, more to do
Lead/co-lead NPS 9 of 15 markets
Customers Simplicity
Role reductions 7.7k Pre-tax ROCE 7.0%
Growth
Vodafone will grow ⫶ Our outlook
FY26 Group guidance 1 - Adjusted EBITDAaL - Adjusted FCF
€11.0-11.3bn €2.6-2.8bn
Medium-term Group Adjusted FCF
Growth
FY25 results ⫶ May 2025
1. Excludes UK merger. Further information on FY26 guidance on page 15. 2. At FY25 guidance FX rates and excluding hyperinflation in Türkiye.
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