Vodafone Procurement Company leads way on strategy and ESG Mobile

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LONDON (Reuters) - Mobile phone group Vodafone cut its full-year revenue outlook for the second time in four months on Tuesday but said it would maintain profits and boost free cash flow by cutting 1 billion pounds ($1.6 billion) of costs.

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Vodafone Procurement Company leads way on strategy and ESG Mobile

Vodafone Group PLC said Tuesday that fiscal 2022 adjusted Ebitda rose on revenue growth and strong cost control. The U.K. telecommunications group made a pretax profit for the year to March 31 of.

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Mobile phone group Vodafone cut its full-year revenue outlook for the second time in four months on Tuesday but said it would maintain profits and boost free cash flow by cutting 1 billion pounds.

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Mobile phone group Vodafone cut its full-year revenue outlook for the second time in four months on Tuesday but said it would maintain profits and boost free cash flow by cutting 1 billion pounds.

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There will be an impact on jobs, he said, though roles such as software engineers would still increase. Vodafone lowered its adjusted core earnings target range to between 15 billion and 15.2.

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Vodafone has also managed to control the urge for a capital expenditure fix, parting with around £4.14 billion (US$6B) in capex during the past financial year -- a figure lower than both.

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Choose your region: Not a business? How to create the most cost-effective mobile device strategy for your business Nicholas Palmer-Deverill Digital Workplace Consultant Specialist Organisations across all industries are facing two competing issues:

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In the last couple of weeks, Vodafone (NASDAQ:VOD) has sent four extremely strong cost control messages into the market.Normally when a company as large as Vodafone starts sending cost control.

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2 Vodafone Group Plc Annual Report Summary 2022 About Vodafone How we are structured A new generation connectivity and digital services provider Where we operate and what we sell Europe Consumer 52% Vodafone Business 27% African Consumer 16% Europe Consumer We provide a range of market leading mobile and fixed-line connectivity

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November 15, 2022. 3 Min Read. Vodafone on Tuesday revealed hefty cost-cutting measures to help mitigate the impact of the worsening economic climate, as well as reducing its full-year earnings and cash flow guidance. The announcement came alongside the publication of the telecoms group's first half 2023 financials, which were less than.

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To consistently deliver, Vodafone must change. My priorities are customers, simplicity and growth. We will simplify our organisation, cutting out complexity to regain our competitiveness. We will reallocate resources to deliver the quality service our customers expect and drive further growth from the unique position of Vodafone Business.