MORE: Vodafone Sees FY15 Ebitda Decline as 4Q Service Rev. Beats
2014-05-20 06:15:29.759 GMT
By Sam Chambers
May 20 (Bloomberg) -- Vodafone sees FY15 Ebitda GBP11.4b -
GBP11.9b; says forecast primarily reflects impact of Project
Spring investment, FX moves.
* Sees positive FCF in FY15 after capex and before M&A,
spectrum and restructuring costs
* Sees capex ~GBP19b in the two years to March 2016
* Reports 4Q organic service rev. growth -3.8% vs est. -3.9%
(estimate compiled by Bloomberg News)
* FY sales GBP43.62b vs est. GBP43.77b, FY Ebitda falls 5.4%
y/y to GBP12.83b
* Net income from cont. ops. GBP11.31b
* Proposes final dividend of 7.47p/shr vs BDVD forecast
7.47p/shr; intends to grow its DPS
* As a result of steps taken to improve commercial
performance, co. says it’s begun to see encouraging early
signs in Germany and Italy
* Conf. call scheduled for 1pm, +44-20-3426-2845
* First take
* Statement
* Earnings preview
For Related News and Information:
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First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Sam Chambers in London at +44-20-7673-2021 or
schambers7@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net
2014-05-20 06:15:29.759 GMT
By Sam Chambers
May 20 (Bloomberg) -- Vodafone sees FY15 Ebitda GBP11.4b -
GBP11.9b; says forecast primarily reflects impact of Project
Spring investment, FX moves.
* Sees positive FCF in FY15 after capex and before M&A,
spectrum and restructuring costs
* Sees capex ~GBP19b in the two years to March 2016
* Reports 4Q organic service rev. growth -3.8% vs est. -3.9%
(estimate compiled by Bloomberg News)
* FY sales GBP43.62b vs est. GBP43.77b, FY Ebitda falls 5.4%
y/y to GBP12.83b
* Net income from cont. ops. GBP11.31b
* Proposes final dividend of 7.47p/shr vs BDVD forecast
7.47p/shr; intends to grow its DPS
* As a result of steps taken to improve commercial
performance, co. says it’s begun to see encouraging early
signs in Germany and Italy
* Conf. call scheduled for 1pm, +44-20-3426-2845
* First take
* Statement
* Earnings preview
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Sam Chambers in London at +44-20-7673-2021 or
schambers7@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net