Q3 FY24–25: de-bloated Vodafone still struggling for buoyancy

vfw234-tt-q3 highlights

Source: Girma Nigusse / Unsplash

Q3 FY24–25: Patience on Vodafone’s turnaround prospects shown to be wearing thin after German shortcomings prove too much, and management attempts to promote good news from elsewhere fall flat. Although there are positives, there is plenty of work to be done by Margherita Della Valle to keep the markets on-side in the interim…

This article includes:

  • Organisations: Deutsche Bank; Swisscom; Three UK; Vodafone; Zegona Communications.
  • Geographic: Europe; Germany; Italy; Spain; United Kingdom.
  • People: Margherita Della Valle; Robert Grindle.
  • Themes: Broadband; Cost of capital; Divestments; Earnings call; EBITDA; European footprint; Fixed broadband; Integration; IoT connectivity; M&A activities; Multi-dwelling unit laws; Organic growth; Portfolio transformation; Revenue growth; Share price impact; Telecommunications.
  • Events: Vodafone Group Q3 FY24–25 trading update.

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“The detail is very good. Better than we get internally.” – GM, Vodafone OpCo 

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