Quarterly ResultMay 12, 2026, 12:01 PM
Vodafone FY26 Service Revenue +5.4% Organic; Adj. EBITDAaL +4.5% Organic
AI Summary
Vodafone Group Public Ltd Co reported strong financial results for FY26, with service revenue growing 5.4% organically and Adjusted EBITDAaL increasing 4.5% organically. The company achieved the top end of its FY26 guidance for Adjusted EBITDAaL and Adjusted free cash flow. Vodafone also announced a 2.5% increase in total dividends per share for FY26 and completed its €2 billion share buyback program. Strategic highlights include the successful integration of VodafoneThree in the UK, creating the largest mobile network operator, and a positive outlook for future growth with FY27 guidance provided.
Key Highlights
- FY26 Service revenue grew 8.8% to €33.5 billion, with organic growth of 5.4%.
- FY26 Adjusted EBITDAaL increased 3.8% to €11.4 billion, with organic growth of 4.5%.
- Operating profit increased by €3.2 billion to €2.8 billion (from a €0.4 billion loss in FY25).
- Total dividends per share for FY26 are 4.6125 eurocents, a 2.5% increase year-on-year.
- The final €0.5 billion tranche of the €2 billion buyback program was completed.
- Adjusted free cash flow reached €2.6 billion, achieving the top end of FY26 guidance.
- VodafoneThree merger created the UK's largest mobile operator with over 28 million customers.
- FY27 guidance projects Adjusted EBITDAaL of €11.9-€12.2 billion and Adjusted free cash flow of €2.6-€2.9 billion.