Vodafone Revenue Misses Market Views, German Service Revenue Takes Regulatory Hit -- Update

Dow Jones11-12

Vodafone shares have risen 2.2% in the year to date. "Vodafone Revenue Misses Market Views, German Service Revenue Takes Regulatory Hit -- Update," at 0941 GMT, misstated the direction of the year-to-date share move.

(END) Dow Jones Newswires

November 12, 2024 04:51 ET (09:51 GMT)

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Shares have fallen 2.2% in the year to date.The U.K. telecommunications company said Germany service revenue--which represents 30% of group service revenue--fell 3.9% to 5.50 billion euros. The decline mainly due to the expected impact from regulatory changes in Germany preventing landlords from bundling TV services with rental agreements, as well as the removal of broadband pricing support. The decline also reflected a lower customer base following the price increases in the prior year, it said.Group revenue for the period rose 1.6% to 18.28 billion euros  from 17.98 billion euros, missing Visible Alpha consensus of 18.32 billion euros.Vodafone posted a rise in pretax profit for the six months ended Sept. 30 to 2.105 billion euros from 830 million ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"VOD":"沃达丰"},"translate_title":"沃达丰收入低于市场预期，德国服务收入受到监管打击——更新","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VOD":0.9},"content_text":"Vodafone shares have risen 2.2% in the year to date. \"Vodafone Revenue Misses Market Views, German Service Revenue Takes Regulatory Hit -- Update,\" at 0941 GMT, misstated the direction of the year-to-date share move. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 12, 2024 04:51 ET (09:51 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482773197"}