
Vodafone Group Public Limited Company (VOD) Discusses Strategy, Growth Ambitions and Plans for Building the UK's Best Network Transcript
Vodafone Group Plc is engaged in telecommunications services in Europe and internationally. The company is headquartered in Newbury, the United Kingdom.
| Revenue (TTM) | $40.46B |
| Gross Profit (TTM) | $12.73B |
| EBITDA | $8.95B |
| Operating Margin | 7.78% |
| Return on Equity | 0.11% |
| Return on Assets | 1.52% |
| Revenue/Share (TTM) | $8.42 |
| Book Value | $12.29 |
| Price-to-Book | 0.65 |
| Price-to-Sales (TTM) | 0.92 |
| EV/Revenue | 1.825 |
| EV/EBITDA | 4.40 |
| Quarterly Earnings Growth (YoY) | -15.40% |
| Quarterly Revenue Growth (YoY) | 7.30% |
| Shares Outstanding | $2.32B |
| Float | $3.94B |
| % Insiders | 0.00% |
| % Institutions | 8.86% |
Volatility is currently expanding

Vodafone Group Public Limited Company (VOD) Discusses Strategy, Growth Ambitions and Plans for Building the UK's Best Network Transcript

Vodafone Group NASDAQ: VOD outlined plans for its VodafoneThree U.K. business to expand 5G Standalone coverage, grow in consumer and business services, and increase annual cost and capital-expenditure synergies to £1 billion by fiscal 2032.

The group is dialing up its cost-savings target for its U.K. unit VodafoneThree, saying it expects the business to be a key driver of the group's its midterm ambitions.

Deutsche Bank has raised its target price for Vodafone Group PLC (LSE:VOD), the telecommunications group, to 160p from 150p and kept a 'buy' rating as it sees fewer risks weighing on the shares. The bank said Vodafone's valuation now places greater emphasis on remaining risks than potential rewards, despite the shares delivering more than 50% in total shareholder return over the past year.

The FTSE 100 Index has remained inside a narrow range in the past few weeks. It has slipped by 2.55% from its highest point this year to the current 10,708.

Deutsche Telekom , Orange , Vodafone Group and Telefonica are in early talks to create a consortium to bid on satellite spectrum and offer direct-to-mobile services, Bloomberg News reported on Monday, citing people familiar with the matter.

Vodafone share price has done well in the past few years and is now hovering around its highest level since 2018 as the turnaround strategy pays off. VOD jumped after the management unveiled a plan to launch a TV service as it seeks to challenge its top rivals.

Vodafone Group NASDAQ: VOD used its annual general meeting in London to highlight progress in its multiyear transformation, including the integration of Three UK, portfolio changes in Europe and Africa, and a return to dividend growth.

Vodafone share price continued the recent recovery after the company published strong financial results and boosted its guidance. VOD jumped to 120p, up by 23% from its lowest level this month.

The U.K. telecommunications company said its key earnings metric should come in at the upper end of the new outlook.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on VOD and any ticker you trade — then tracks every position and per-strategy win rate.