Vodafone Group Plc (VOD) - Q3 FY24 Trading Update

[idpickering]

Sustained revenue growth in Europe & Africa

Margherita Della Valle, Vodafone Group Chief Executive, commented:

"We maintained good service revenue momentum in the third quarter across both Europe and Africa, supported by a further acceleration of Vodafone Business, with our Cloud and Internet of Things services growing over 20%.

We've made good strategic progress in the first nine months of the year, with improving customer satisfaction and three consecutive quarters of service revenue growth in Europe. Our announced transactions in the UK and Spain are progressing well, and we are in active discussions in Italy. We've also begun strategic partnerships with Microsoft and Accenture to fast-track our transformation."

https://www.investegate.co.uk/announcem ... te/8020794

Also posted on Company News here; viewtopic.php?p=644828#p644828

I don't hold these myself any more, but know some here do, so this may be of interest here.

Ian.

[funduffer]

I don't hold these myself any more,

Ian.

I wish I was in your shoes!

FD

[idpickering]

I don't hold these myself any more,

Ian.

I wish I was in your shoes!

FD

Thanks for your input FD. I've been seduced into buying back into VOD due to the supposed high yield on offer twice, but no more. I was sick of holding the value trap that is VOD, but each to their own.

Ian.

[kempiejon]

Ian, I know you're out now and regretted your buys so cut your losses twice or thrice but as a reminder for all the other good hypers a history of rising of dividends is a thing. They cut in 2018, prior to that they had a good history of increasing but have been off the table for 5 or 6 years.
They have been in my portfolio since before that cut and are still churning out a static income for me as funduffer too.