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Vodacom reports customer and revenue boost

Christian Fernsby ▼ | May 11, 2020
Vodacom Group on Monday reported a 4.8% rise in revenue for the year ended March 2020, to R90.75 billion, while adding 5.9 million customers, to serve a combined 116 million customers across the group.
Vodacom
Vodacom   It comes at a time when the country is in a phased lockdown
It comes at a time when the country is in a phased lockdown period to combat the impact of the coronavirus pandemic.

Topics: Vodacom

Group operating profit climbed 13.2% to R27.7 billion, while headline earnings per share (HEPS) was up 8.9%, to R19.45.

Vodacom declared a final dividend of 405 cents per share.

Total financial services customers climbed 12.8%, to 53.2 million, adding 6 million customers in the year, it said.

South Africa revenue was up 2.2% to R52.7 billion, with data usage elasticity supporting recovery to growth in the second half.


 

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