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Vodafone Raises Profit Forecast After Cost Cutting Campaign

Bloomberg Technology Tuesday 10 November 2026, 07:15 UTC By Amy Thomson 1 min read
Key Points

Vodafone Raises Profit Forecast After Cost Cutting Campaign Vodafone Group Plc raised its full-year profit guidance after the British phone company cut costs and the size of its workforce. Earnings before interest, taxes, depreciation and amortization after leases will rise to €13.2 billion ($14.8 billion) to €13.4 billion for the fiscal year ending in March, the company said in a statement on Tuesday. That compares to the €13 billion to €13.3 billion range Vodafone had forecast in July.

Vodafone Raises Profit Forecast After Cost Cutting Campaign Vodafone Group Plc raised its full-year profit guidance after the British phone company cut costs and the size of its workforce. Earnings before interest, taxes, depreciation and amortization after leases will rise to €13.2 billion ($14.8 billion) to €13.4 billion for the fiscal year ending in March, the company said in a statement on Tuesday. That compares to the €13 billion to €13.3 billion range Vodafone had forecast in July.
Vodafone Raises Profit (ORG) Vodafone Group Plc (ORG) British (ORG) Vodafone (ORG)
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