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Vodafone Group (VOD): Swings to H1 loss of £1.98B from a net profit of £6.68B last...

Vodafone Group (VOD): Swings to H1 loss of £1.98B from a net profit of £6.68B last year, hit by impairments of £5.9B for Spanish and Italian ops due to tough conditions and increased discounts. Adjusted operating profit +8.5% to £6.2B. Revenue -7.4% to £21.78B vs consensus £21.82B. Says FY adjusted op profit should reach "upper half" of £11.1B-£11.9B range. (PR)
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    Buying opportunity. Hoping for a special dividend from Verizon following last night's news.
    13 Nov 2012, 04:05 AM Reply Like
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