Vodafone shares tick up as Germany and Italy give the mobile telecoms giant a half year earnings boost



Shares in mobile phones giant Vodafone ticked higher today after the group posted a rise in first half earnings cheered by a better-than-expected performance in Europe.
The FTSE 100-listed group said its underlying earnings rose by 4.3 per cent to €7.9billion (£6.9billion) for the six months to the end of September, beating City forecasts for €7.8billion. 
Chief executive Vittorio Colao said the good performance in Europe was led by Germany and Italy.
The company's European fixed-line infrastructure covers around 30 million homes, and the group is beginning to achieve strong customer... read more

 
15 November 2016 in Business, Views: 55
Source: Daily Mail
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