Vodafone Group Expects FY24 Adjusted EBITDAaL To Be Broadly Flat At ~€13.3B; Adjusted Free Cash Flow Of ~€3.3B
Portfolio Pulse from Benzinga Newsdesk
Vodafone Group has reaffirmed its FY24 guidance, expecting Adjusted EBITDAaL to be 'broadly flat' at approximately €13.3 billion and Adjusted Free Cash Flow to be 'around' €3.3 billion.
November 14, 2023 | 8:28 am
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NEUTRAL IMPACT
Vodafone Group anticipates its FY24 Adjusted EBITDAaL to remain stable at about €13.3 billion and Adjusted Free Cash Flow to be approximately €3.3 billion, in line with previous guidance.
Vodafone's reaffirmation of its FY24 financial guidance suggests stability in its business operations and financial performance. This announcement is likely to be viewed neutrally by investors as there are no significant changes to the company's financial outlook. The importance is rated high as financial guidance is a critical factor for investors, but not at the maximum because the guidance is unchanged from previous expectations. The confidence level is high due to the direct statement from the company, providing clear expectations for the upcoming fiscal year.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100