Vodafone rose more than 3.3% before the market opened. Adjusted EBITDAaL for fiscal 2024 grew by 2.2% organically, in line with expectations.

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Gelonghui, May 14 | Vodafone (VOD.US) U.S. stocks rose more than 3.3% before the market opened, at $9.06

Gelonghui, May 14 | Vodafone (VOD.US) U.S. stocks rose more than 3.3% before the market opened, at $9.06.
After excluding the sale of the Spanish and Italian businesses, Vodafone\’s adjusted EBITDAaL increased naturally by 2.2% to 11.02 billion euros in fiscal 2024, in line with expectations. Adjusted free cash flow was 2.6 billion euros, higher than market expectations of 2.44 billion euros.
CEO Margherita Della Valle said that after the sale of related businesses, the company has achieved growth in all markets in Europe and Africa, including its largest market, Germany.

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