VODAFONE GROUP PUBLIC LTD CO (VOD) Form 6-K — Nov 10, 2026
Vodafone reported a strong H1 FY27 with total revenue up 11.4% to €21.9 billion and organic service revenue growth of 5.8%, including best-ever Vodafone Business growth of 6.6% in Q2. The company upgraded FY27 guidance to Adjusted EBITDAaL of €13.2-13.4 billion and Adjusted free cash flow of €2.8-3.0 billion, implying 7% and 21% organic growth at mid-points, and raised the interim dividend 2.5% to 2.306 eurocents. Reported results showed a €3.6 billion loss due to a €4.85 billion non-cash impairment in Germany plus UK deferred tax write-downs, and Germany remains weak with organic service revenue up just 0.4%.
Key figures
- Revenue
- 21853000000
- Guidance
- FY27 Adjusted EBITDAaL €13.2-13.4 billion; Adjusted free cash flow €2.8-3.0 billion; Europe Adjusted EBITDAaL €7.6-7.9 billion
- Revenue Yoy
- 11.4%
- Net debt
- €33,473 million
- Gross debt
- €42,697 million
- Adjusted ebitdaal
- €6,451 million (+12.6% reported, +6.4% organic)
- Impairment charge
- €4,850 million
- Adjusted basic eps
- 1.48 eurocents (H1 FY26: 6.92)
- Opex savings target
- over €2 billion annual gross savings in Europe and shared operations by FY30
- Vodafonethree buyout
- £4,300 million (€5,019 million) for CKHGT's 49% stake
- Adjusted ebitdaal margin
- 29.5%
- Safaricom stake increase
- 15% acquired for KES 204 billion (€1.4 billion); Group at 55%
- Interim dividend per share
- 2.306 eurocents (+2.5%)
- Organic service revenue growth
- 5.8%
- Cash and equivalents period end
- €5,046 million
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