Vodafone increases 2013 final dividend by 8%

DividendMax Ltd.

Vodafone increases 2013 final dividend by 8%

Group revenue down 1.9% to £43.6 billion; full year organic service revenue decline 4.3%

Q4 organic service revenue declined 3.8%, or 4.0% including Italy at 100% from 21 February 2014

EBITDA down 7.4% at £12.8 billion; organic EBITDA margin down 1.3 percentage points

Adjusted operating profit £7.9 billion, including £3.2bn for Verizon Wireless to 2 September 2013

Pro forma full year 13/14 guidance met: adjusted operating profit £4.9 billion, free cash flow £4.8 billion

Completion of Verizon Wireless disposal, US$85 billion returned to shareholders; £45.0 billion pre-tax gain

£19.3 billion deferred tax assets recognised in relation to the Group's historical tax losses, £17.7 billion of this announced H1

Impairments totalling £6.6 billion in Germany, Spain, Portugal, Czech Republic and Romania

Planned organic investments of around £19 billion over the next two years, including Project Spring

Final dividend per share of 7.47 pence, giving total dividends per share of 11.0 pence, up 8%

Companies mentioned