You are here

Prices & Quotes - UK Markets - Vodafone Group (VOD)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 131.22p
Change Today:
1.22p
Market Cap:
36,617m
Sector:
Mobile Telecommunications

Vodafone's Vantage Towers confirms guidance

By Sean Farrell

Date: Monday 15 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Vantage Towers confirmed its targets and guidance as Vodafone's infrastructure business reported strong commercial momentum.
Vantage Towers said it added about 1,400 new tenancies in the nine months to the end of December including about 500 tenancies that were not committed before. The business gained about 450 new macro sites and said it was confident about hitting its target of 550 sites by the end of March.

Financial performance in the first nine months of the financial year were in line with expectations, Vantage Towers said. It generated €723m (631m) of revenue and €291m of cash flow on a pro forma basis. Vantage Towers said it expected earnings of €520m-€530m for the full year.

Vivek Badrinath, Vantage Towers's chief executive, said: "The growth opportunity in Europe is considerable, as the roll out of 5G accelerates and mobile operators look to expand their networks to manage ever increasing data traffic.

"I am very pleased with the commercial momentum we are building at Vantage Towers. Customers are appreciating the high quality of our grid and their response to our focused commercial approach is encouraging. This underscores our confidence in our tenancy targets."

Vodafone transferred its 50% stake in Cornerstone, its UK towers joint venture with Telefonica to Vantage Towers in January. Cornerstone contributed an extra €39m of free cash flow for the first nine months of the year based on Vantage Towers' 50% stake.

Badrinath said: "Cornerstone is a great addition - it's a market leader, with broad and dense coverage, providing services to two market leaders who already have a network sharing agreement in place."

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Vodafone Group Market Data

Currency UK Pounds
Price 131.22p
Change Today 1.22p
52 Week High 142.42p
52 Week Low 101.70p
Volume 10,480,638
Shares Issued 27,905m
Market Cap 36,617m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Price Trend
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Price Chg 6m
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
PEG
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 18
Buy 1
Neutral 0
Sell 0
Strong Sell 1
Total 20
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Vodafone Group Dividends

  Latest Previous
  Final Interim
Ex-Div 24-Jun-21 17-Dec-20
Paid 06-Aug-21 05-Feb-21
Amount 4.50¢ 4.50¢

Trades for 15-Jun-2021

Time Volume / Share Price
10:47 2 @ 131.24p
10:47 3,438 @ 131.22p
10:47 79 @ 131.22p
10:47 49 @ 131.22p
10:47 1,929 @ 131.22p

Vodafone Group Key Personnel

CEO Nick Read