Q1 guidance: UK on track to deliver earnings boost

Joe Purnell2025-07-31T08:36:00

Source: Vodafone

Q1 FY25–26: combined VodafoneThree is performing as expected in its first few months, giving Group management confidence in FY forecasts.

This article includes:

Themes: Full-year guidance; Post-merger forecast; EBITDAaL uplift; Free cash flow projections; Capex synergies; Network integration; Macro risks; Market exposure; Strategic positioning; Data sovereignty.
Events: Vodafone Q1 FY25–26 earnings; VodafoneThree impact; Vodafone UK and Three UK merger completion.
People: Margherita Della Valle; Luka Mucic.
Geographic: United Kingdom; Germany; Europe; Emerging markets.
Organisations: Vodafone Group; VodafoneThree; Vodafone Germany; Vodafone UK; Three UK.

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