London, May 20, 2025 (AFP) - Vodafone swings into loss, expects rebound in Germany

NAMPA / AFP
2025-05-20
UK mobile phone giant Vodafone said Tuesday that it slumped to an annual net loss after taking an impairment hit on its German business which it expects to rebound. Net losses stood at 4.17 billion euros ($4.70 billion) in the financial year to the end of March compared to a net profit of 1.14 billion euros one year earlier, Vodafone said in a results statement. Total revenues rose two percent to 37.4 billion euros. Losses were attributed to he......
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