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

|About: Vodafone Group Plc (VOD)|By:, SA News Editor
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)