Vodafone Group Plc has released its Q3 FY26 trading update, highlighting robust performance driven by growth across Europe and Africa. The company reaffirmed its outlook to deliver at the upper end of its full-year financial guidance.
Group Financial PerformanceTotal revenue for the quarter rose 6.5 to 10.5 billion, supported by contributions from Africa and the consolidation of assets from Three UK and Telekom Romania. Service revenue grew 7.3 to 8.5 billion, or 5.4 organically, with notable contributions from Turkiye and African operations. Adjusted EBITDAaL increased 2.3 organically to 2.8 billion, while operating profit declined 52.7 to 0.5 billion, reflecting M A activity and non-cash accounting impacts related to Indian business simplification. Shareholder returns remained strong, with 3.5 billion in share buybacks completed and a new 500 million tranche initiated.
Regional PerformanceIn Germany, service revenue rose 0.7, boosted by higher wholesale revenue and demand for digital services in the business sector. The migration of 12 million 1 1 customers to Vodafone's 5G network was successfully completed. In the United Kingdom, overall revenue increased 30.9 following the Three UK merger, though organic service revenue fell slightly by 0.5 due to challenging prior-year comparisons. The integration is progressing ahead of schedule, with over 28 million customers now on the combined network.
