[ad_1]
Vodafone Group Public Limited Company (NASDAQ:VOD) Q3 2025 Earnings Conference Call February 4, 2025 5:00 AM ET
Company Participants
Margherita Della Valle – Group CEO & Executive Director
Luka Mucic – Group CFO & Executive Director
Conference Call Participants
Robert Grindle – Deutsche Numis
Polo Tang – UBS
James Ratzer – New Street
Andrew Lee – Goldman Sachs
Adam Fox-Rumley – HSBC
Carl Murdock-Smith – Citigroup
Akhil Dattani – JPMorgan
David Wright – Bank of America Merrill Lynch
Joshua Mills – BNP Paribas Exane
Emmet Kelly – Morgan Stanley
Margherita Della Valle
Good morning, everyone, and thank you for joining us for our Q3 trading update. Before taking questions, a brief summary as usual. Let me first start with our results. Overall, we have performed well, the group, and we continue to trade in line with our full year guidance, which we have reiterated today. Service revenue accelerated to 5.2% this quarter and EBITDAaL grew by 2.2%. This was driven by good growth across most of our markets with an acceleration in trends in both the U.K. and Africa.
Turkey also delivered another strong set of results with growth in euro terms over 50%. Operationally, I would like to call out 4 months in the U.K., where we have several records this quarter. We reported our best ever set of net promoter scores and leading the market across every single consumer segment. The level of trust is record low and we reported our highest ever net additions. This demonstrates the importance of investing in a market-leading customer experience with consistent operational execution.
In Germany, our performance was similar to Q2 as we continue to be impacted by the MDU TV law change. While this transition continues to have a significant financial impact, the migration of this customer base is now effectively complete, fully in
[ad_2]
Source link
