FINANCIAL PROFILE ⫶ PRE AND POST MERGER
A
Mobile market share change (Consumer mobile subscribers) 1
VMO2
25%
27%
FY25
FY25 2 £2.0bn £0.3bn £(0.4)bn £(0.0)bn
FY25
13%
27%
Revenue
£5.0bn £1.3bn £(0.8)bn
£6.9bn £1.6bn £(1.1)bn
15%
Pre- merger
Adjusted EBITDAaL
22%
23%
Capital additions
22%
Operating Free Cash Flow (Adj. EBITDAaL – Capex)
£0.5bn
£0.5bn
26%
BT EE
MVNOs
Providing the necessary scale – supporting returns and investment
1. External company reports 2. Three financials estimated on a full-year (April–March) basis, restated in accordance with Vodafone policies.
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