Vodafone's Turnaround Boosts Earnings in Germany

2 months ago

Chloe Malay

"So return to growth in Germany which is its biggest market and that is after bringing on a one in one as a new wholesale customer. It also targets now the upper end of its guidance for the full year and so both of those things have boosted the shares and really confirms that the ongoing turnaround for Vodafone is paying off. The migration of one-on-one customers onto its network is really starting to feed through into earnings and helps kind of mitigate all of those challenges."

Vodafone is showing a turnaround in its largest market, Germany, with renewed growth driven by new wholesale customer contracts and improved guidance. The positive momentum reflects the company's efforts in simplifying operations and offsetting regulatory headwinds.

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