Open an account Help & support Register Account summary Log out
Skip Header
Home Stock market news

Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Vodafone ups outlook as Germany returns to growth, shares spark

Tue 11 Nov 2025 07:13

(Sharecast News) - Vodafone on Tuesday pledged to increase its dividend for the first time since 2019 and lifted its earnings outlook as its German operation returned to top line growth in the second quarter of the year.

The telecoms operator said adjusted earnings before interest, taxes, depreciation, amortisation, and leases rose 5.9% to €5.7bn. Vodafone expects full-year profit to hit the upper end of its €11.3-11.6bn forecast range and adjusted free cash flow of €2.4-2.6bn.

It also unveiled a new progressive dividend policy with a 2.5% increase for the full year. The company cut its shareholder payouts sharply in 2019 as its debt burden soared after heavy spending on 5G spectrum in Europe.

"In the second quarter we saw service revenue accelerating, with good performances in the UK, Turkey and Africa, and a return to top-line growth in Germany," said chief executive Margherita Della Valle.

"Whilst we have more to do, we delivered good strategic progress in the half year, driving further operational improvements across the business, expanding our customer satisfaction initiatives, and making a fast start in integrating the Vodafone and Three networks in the UK."

Reporting by Frank Prenesti for Sharecast.com

Share this article

Related Sharecast Articles

Mon 05 Oct 2026 14:32
Sainsbury's said to have held merger talks with Morrisons
(Sharecast News) - Sainsbury's reportedly held talks this year with private equity-owned rival Morrisons over a potential multibillion-pound deal.
Mon 05 Oct 2026 14:14
Galliford Try appointed to Constructing West Midlands plan
(Sharecast News) - Construction group Galliford Try announced on Monday that it has been appointed to a £3bn public sector building programme in the West Midlands.
Mon 05 Oct 2026 13:53
MJ Gleeson CFO Stefan Allanson to step down
(Sharecast News) - Housebuilder MJ Gleeson said on Monday that chief financial officer Stefan Allanson plans to step down after 11 years in the role.
Mon 05 Oct 2026 13:10
Lidl sales jump as pricing, promotions entice new customers
(Sharecast News) - Lidl's market share in the UK reached a record high in its most recent financial year, with the discount grocer reporting double-digit gains in sales and profits as price cuts and promotions brought more customers into its stores.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Awards

Award 1
Award 2
Award 3

Policies and important information

Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statements | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Statutory and Regulatory disclosures | Whistleblowing programme

Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document or Product Summary document which contains important information about the fund.

This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.

© FIL Limited 2026