Loss caused by one-off factors associated with the sale of the Indian unit.
British mobile operator Vodafone Group Plc received an operating loss of €2.07 billion in the first fiscal half compared with a profit of €2.01 billion for the same period last year.
About it reported in a press release.
Loss caused by one-off factors associated with the sale of the Indian unit, the report says.
Adjusted EBITDA Vodafone in July-September increased by 2.9%, to €7 billion pre-tax loss amounted to €2.9 billion.
Revenue last typologie decreased by 5.5% to €21.8 billion, Meanwhile, service revenue rose by 0.8%.
In addition, the management of Vodafone has decided to leave the size of interim dividends at 4.8 cents per share and annual dividends at 15 cents per share due to debt reduction. In the long term the company plans a dividend increase.
In addition, the company plans to reduce operating expenses by €1.2 billion by 2021 fiscal year.
Vodafone shares rose during trading in London on Tuesday by 6.1%.
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