South African cellular operator Vodacom on Tuesday reported a group-wide customer increase of 51,9% to 23,5-million for the year ended March.
Revenue was up 24,6% to R34-billion, while profit from operations rose by 36,9% to R8,9-billion.
Vodacom reported net profit after taxation up 32% to R5,1-billion, while earnings before interest, tax, depreciation and amortisation rose by 23,1% to R11,8-billion.
Cash generated from operations was up 10,8% to R11,1-billion.
“Since our 50% shareholder Vodafone will be releasing some of the key financial highlights of the Vodacom Group today, I have deemed it prudent to repeat these in our own press release on the same day to ensure clarity,” said Alan Knott-Craig, Vodacom Group CEO.
Detailed indicators per country and for the group will be issued at the Vodacom Group annual results presentation, scheduled to take place on Monday June 5, he added. — I-Net Bridge