Vodafone increases its 2015 final dividend by 2%

DividendMax Ltd.

Vodafone increases its 2015 final dividend by 2%


Group organic total revenue grew 2.3%* to £41.0 billion; full year organic service revenue grew 1.5%*

Q4 organic service revenue grew 2.5%*; stabilisation in Europe +0.5%*, AMAP accelerated to +8.1%*

Q4 driven by underlying improvement,  up 1.8%* excluding adjustments primarily from a leap-year effect

Organic EBITDA growth of 2.7%* to £11.6 billion; H2 EBITDA up 3.6%*

EBITDA on a guidance basis £11.9 billion, upper end of £11.7 - £12.0 billion guidance range

Free cash flow £1.0 billion, consistent with 'positive' guidance; capital expenditure £8.6 billion, down 6.5%

Net debt of £29.2 billion, up 31.0% impacted by spectrum acquisitions and foreign exchange movements

Final dividend per share of 7.77 pence, up 2.0%, giving total dividends per share of 11.45 pence

Companies mentioned