Vodafone Trading Update.

[idpickering]

Maintaining commercial momentum during lockdown, service revenue in line with our expectations

· Q1 organic service revenue relatively resilient with a decline of 1.3%*, mainly due to COVID-19 impacts

· Resilient performance in Germany with stable organic service revenue growth

· Mobile contract customer loyalty improved year-on-year for a seventh successive quarter and record 429,000 NGN broadband customer additions in Europe

· Europe's leading tower infrastructure company, 'Vantage Towers', on track for IPO in early 2021

https://www.investegate.co.uk/vodafone- ... 00049978T/

[monabri]

"FY21 guidance for 'at least' €5.0 billion of free cash flow (pre-spectrum) reiterated"


29422million shares , dividend 9 euro cents.

http://financials.morningstar.com/ratio ... region=GBR

The expected free cash flow is approx 1.9x the reduced 9 eurocent divi.

[idpickering]

"FY21 guidance for 'at least' €5.0 billion of free cash flow (pre-spectrum) reiterated"


29422million shares , dividend 9 euro cents.

http://financials.morningstar.com/ratio ... region=GBR

The expected free cash flow is approx 1.9x the reduced 9 eurocent divi.

Thanks for that monabri. Reassuring though that might be, I think I’ve spent enough on VOD shares already, so am unlikely to buy more. But one can never say never I guess.

Anyone else tempted?

Ian.

[monabri]

not really...