Vodafone revenue dips 4.8% to €10.74 bn in April-June

Vodafone said its revenue fell 4.8 percent to €10,740 million during April-June 2023 from €11,278 million in the same period last year.
Vodafone generated revenue of €3,271 million from Germany, €1,166 million from Italy, €1,668 million from the UK, €988 million from Spain, €1,416 million from Other Europe, €2,041 million from Vodacom, €451 million from Other Markets and €325 million from Vantage Towers during Q1 fiscal 2023-24.

“As we progress our plans to transform Vodafone, we have achieved a better service revenue performance across almost all of our markets. We have delivered particularly strong trading in our Business segment and returned to service revenue growth in Europe,” Margherita Della Valle, Group Chief Executive of Vodafone.