News

Vodafone Issue Q1 Interim Management Statement

Vodafone Group has announced its interim management statement for the quarter ended 30 June 2007.

The key highlights of the quarter are:

• Group revenue of £8.3 billion, representing 7.5% growth on last year, with organic growth of 4.0%

• Group service revenue growth of 8.0% with growth of 4.2% on an organic basis. Organic service revenue growth of 1.4% for Europe and 18.2% for EMAPA

• 2.6 million 3G devices added in the quarter, bringing the total 3G device base to 18.5 million. Organic growth in non-messaging data revenue of 32.2%

Arun Sarin, Chief Executive, commented: “We have made a good start to the financial year, with a strong performance from the EMAPA region offsetting continued challenging markets in Europe. We continue to make progress in the execution of our strategic objectives. Our new Indian business has delivered strong growth in the quarter, with its integration into the Group progressing well. We are reiterating our guidance for the current financial year.”