17-05-2022 16:13 via telecoms.com

Vodafone cites German performance as drag on 2022 results

UK operator group Vodafone pointed to an ‘unsatisfactory’ commercial performance in Germany as well as inflation as main pain points in its FY2022 financial results.
Vodafone says overall it made good financial performance in FY2022 which were in line with expectations, citing improving YoY service revenue trends in ten out of 11 European markets. Overall the group clocked a 4% revenue increase to €45.6 billion for the period ending March 31st. However Group CEO Nick Read pointe
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