The 2013-2014 of Vodafone is on file, which closed with a net profit of 59 billion pounds, equal to approximately 72 billion euros, a clear improvement compared to the profit of 413 million pounds of the previous year, above all through the sale of its stake in Verizon Wireless to Verizon for $130 billion.
On the other hand, turnover decreased: -1,9%, to 43,6 billion euros. Despite the good performance in emerging markets, the group continues to experience a decline in European markets: “In Europe, where we continue to face competition, regulatory and macroeconomic pressures, we have taken steps to improve our commercial performance, particularly in Germany and Italy , and we are beginning to see the first encouraging signs”, said the CEO of Vodafone Vittorio Colao.
