Vodafone’s third-quarter revenue of 18.3 billion U.S. dollars up 10%
according to foreign media reports, Vodafone said Thursday, thanks to the Asia-Pacific and Middle East market strong performance, the company reported third-quarter revenue growth of more than by 10%.
Vodafone said that in ending December 31 for the third quarter corporate services revenue fell by 1.2%, an improvement from the previous quarter, last quarter of services revenue fell by 3%. Vodafone’s service revenue including those from voice, messaging, data and fixed-line telephone service revenue. Vodafone’s service revenue accounted for 93% of the company’s overall revenue,
Vodafone’s third-quarter revenue of 11.5 billion pounds (about 18.3 billion U.S. dollars), while a year earlier on revenue of 10.5 billion pounds.
Vodafone in the third quarter in the Asia Pacific and Middle East market, revenue increased by 10.4% in the European market revenues fell by 3.2% in Africa and Central Europe, the market revenues fell by 0.5%. In addition, Vodafone also the company upgraded its forecast for full-year free cash flow of 500 million pounds to 6.5 billion to 7 billion pounds.
Brokerage sector analyst at Hargreaves Lansdown Stockbrokers, Richard – Hunt (Richard Hunter), said: “Overall, Vodafone performance is steadily rising, this is not reflected in the stock on the last three months, the last three months Vodafone The share price rose only 0.2 percentage points. “Evolution Securities analyst Mark – James (Mark James) said:” We underestimated the Vodafone third-quarter results, we expect, Vodafone’s share price will be slightly higher. “
