Vodafone Group (LSE:VOD) fell 3.51% to 116.174p after reporting FY26 operating profit of €2.8bn and revenue up 8.0% to €40.5bn.
Group adjusted EBITDAaL increased 3.8% to €11.4bn (4.5% organic) and the company said it achieved the top end of its FY26 guidance with adjusted EBITDAaL and adjusted free cash flow at €11.6bn and €2.6bn on a guidance basis.
"After the transformation of the last three years, we are now a simpler company with a stronger growth outlook," said Margherita Della Valle, Group Chief Executive.
Total revenue rose 8.0% to €40.5bn, service revenue grew 8.8% to €33.5bn and organic service revenue increased 5.4% with growth in all segments except Germany.
Germany's organic service revenue fell 0.2% for FY26 but improved to 1.3% in Q4, the UK was up 0.3% organically, Other Europe and Türkiye were up 0.5% (Türkiye +10.8% in euros), Africa delivered 12.9% organic service revenue growth and Business grew 3.2% with double-digit digital services growth.
Vodafone raised its full-year dividend to 4.6125 eurocents per share (up 2.5% year-on-year), completed the final €0.5bn tranche of its second €2bn buyback on 11 May and said it has returned €9bn to shareholders over the last three years.
The group announced an agreement on 5 May to buy CKHGT's stake in VodafoneThree for £4.3bn to take sole ownership, and noted Vodacom's planned 20% acquisition of Safaricom is subject to a Kenyan court ruling expected on 18 May.
