Q3 FY24–25 Spend: Vodafone to hold the line as foundations laid for future returns

Joe Purnell2025-02-11T16:01:00

Source: Ramin Khatibi / Unsplash

Q3 FY24–25: Prior year investment beginning to pay off, if management is believed, but mammoth task remains in the Group’s largest market. CFO Luka Mucic satisfied with capital allocation and intensity, without getting carried away…

This article includes:

Organisations: Competition and Markets Authority; Three UK; Vodafone; Vodafone Business; Vodafone Germany; Vodafone Italy; Vodafone UK.
Geographic: Europe; Germany; Italy; Spain; UK.
People: Carmen Velthuis; Fernando Burgos Herce; Guido Weissbrich; Luise Bang; Luka Mucic; Marcel de Groot; Margherita Della Valle; Matthias Lorenz; Michael Jungwirth; Stefanie Reichel; Tanja Richter.
Themes: B2B; Brand investment; Capital allocation; Capital intensity; Cloud & Security; Customer satisfaction; Customer service; Cyber hub; Digital services; Fibre-isation; IoT; Leadership reset; Network investment; NPS; Share buyback; Turnaround.
Events: Vodafone Group Q3 FY24-25 earnings call.

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