Vodafone to keep cutting costs, shedding jobs — raises ‘efficiencies’ goals and guidance

vfw249-q1 guidance

Source: Li Zhang / Unsplash

Q1 FY26–27 spend & guidance: EBITDAaL outlook upgraded despite M&A integration costs, reflecting confidence in reshaped portfolio in both Europe and Africa, supported by amping-up of widescale efficiencies programme beginning to generate tangible benefits, including job cuts.

This article includes:

  • Themes: Adjusted EBITDA after leases (EBITDAaL); Acquisition integration; Capital allocation; Cost reduction; Earnings guidance; Free cash flow (FCF); Mergers and acquisitions (M&A); Operational leverage; Organisational simplification; Portfolio optimisation; Revenue growth; Synergies.
  • Events: Vodafone Group Q1 FY26–27 earnings.
  • People: Margherita Della Valle.
  • Geographic: Africa; Egypt; Ethiopia; Europe; Germany; Kenya; Romania; United Kingdom (UK).
  • Organisations: Safaricom; Skaylink; Telekom Romania Mobile Communications (TRMC); Telecom Egypt; Vodafone; Vodafone Business; Vodafone Egypt; Vodafone Romania; VodafoneThree; Vodacom.

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