• 26/07/2024 21:05

Vodafone earned almost 22 billion in 2023

The net profit of Vodafone Ukraine Group for 2023 increased by 9%, to 22.6 billion hryvnia. This is stated in the company's press release.

The net profit of Vodafone Ukraine Group for 2023 increased by 9%, to 22.6 billion hryvnia.

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Details

Growth by 9%, supported by a 17% increase in income from data transfer due to increased consumption. OIBDA increased by 13%.

Net profit increased by 361%, thanks to the stabilization of the national currency, growth in OIBDA and lower impairments and losses as a result of the impact of war compared to 2022.

Recall

Vodafone Group Plc agreed to sell its Italian business to Swisscom AG for 8 billion euros (about 8.7 billion dollars). A share buyback worth €4 billion was also announced. These steps are aimed at optimizing Vodafone's operations and increasing the share price, which has been declining recently.

minfin.com.ua

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