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Vodacom Group FY revenue grows 6.3% to ZAR 86.4 bln

2018-05-14 08:44:00| Telecompaper Headlines

(Telecompaper) Vodacom Group's revenue grew 6.3 percent to ZAR 86.4 billion in the year ended 31 March, while normalised growth, excluding currency translation effects, was 7.8 percent. Group service revenue increased 3.4 percent to ZAR 70.6 billion and was up 5.1 percent on an adjusted basis. Net profit rose 18.6 percent to ZAR 15.56 billion, boosted by the Safaricom acquisition and a profit from the sale of Helios Towers Tanzania.

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