Vodafone returns to profit growth with pick-up in Europe

By Paul Sandle LONDON (Reuters) - Vodafone expects a bigger rise in profits this year after investment in faster networks boosted demand in Europe and helped the group return to underlying revenue and core earnings growth in the year just ended, the first annual rise since 2008. Chief Executive Vittorio Colao said on Tuesday a strong year for the world's second mobile operator had been capped by a recovery in the last quarter in Europe, its largest region which has taken more than five years to