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Vodafone raises profit forecast despite German unit impairment

  • Vodafone raised its full-year profit forecast following a cost-cutting campaign.
  • The company cut 3,000 jobs in Europe, primarily in the first half of the year.
  • Despite the impairment on its German unit, Vodafone's adjusted earnings grew.
  • First-half revenue rose by 11%, contributing to the upgraded profit forecast.
  • Vodafone's German unit still needs improvement, according to the company.

Timeline

  1. Vodafone Cuts Jobs, Raises Profit Forecast

    Vodafone raised its profit forecast after cutting 3,000 jobs in Europe.

  2. Vodafone Upgrades FY27 Guidance

    Vodafone upgraded its FY27 guidance as first-half revenue rose 11%.

  3. Vodafone Raises Guidance Despite Impairment

    Vodafone raised its guidance despite a €5bn impairment in Germany.

  4. Vodafone Needs German Unit Improvement

    Vodafone raised guidance but noted its German unit needs improvement.

  5. Latest

    Vodafone Q2 2027 Earnings Call

    Vodafone held an earnings call discussing Q2 2027 results.

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Vodafone raises profit forecast despite German unit impairment | Split Angle