COMPANY RESULTS – Vodacom Group revenue of R72.8 billion was up 35.5%

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GUEST - GUEST - Shameel Joosub, Vodacom Group CEO

Highlights

1. Group revenue of R72.8 billion was up 35.5%, positively impacted by the acquisition of Vodafone Egypt.

2. Group service revenue growth of 42.2% or 7.9% excluding Vodafone Egypt.

3. Group service revenue growth including Vodafone Egypt on a pro-forma basis (target comparable) was 9.0%, at the higher-end of our medium-term target.

4. Group EBITDA growth of 35.1% or 5.5% on a pro-forma basis.

5. Serving a combined 196.2 million customers across the Group, including Safaricom on a 100% basis.

6. Financial services customers, including Safaricom on a 100% basis, 73.5 million, transacting US$1 billion per day.

7. Financial services revenue increased 39.9% to R6.2 billion contributing 10.5% to Group service revenue. · Interim dividend of 305cps, consistent with our policy.
13 Nov 2023 12PM English South Africa Business News · Investing

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