Vodafone AGM Highlights Three UK Integration, Dividend Growth and Cash Flow Ambitions

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Vodafone Group (NASDAQ:VOD) utilized its yearly wide gathering successful London to item advancement successful its multiyear transformation, including the integration of Three UK, portfolio changes successful Europe and Africa, and a instrumentality to dividend growth.

Chair Jean-François van Boxmeer said the institution has go "a simpler and stronger business" since Chief Executive Margherita Della Valle outlined a translation roadmap successful May 2023. He said Vodafone has reshaped its operating footprint, reset its superior operation and focused connected improving work for astir 300 cardinal customers crossed Europe and Africa.

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Van Boxmeer said Vodafone completed its merger with Three UK successful May 2025, creating what helium described arsenic the U.K.'s largest mobile operator. The institution besides cited the acquisition of Telekom Romania and Skaylink successful Germany, the announced merchantability of a bulk involvement successful VodafoneZiggo successful the Netherlands, and the acquisition of a controlling involvement successful Safaricom.

Cash Flow Outlook and Dividend Policy

During a shareholder question session, Della Valle said Vodafone expects to execute the precocious extremity of its adjusted free-cash-flow guidance scope for fiscal 2027, representing 20% maturation for the year. The institution besides expects integrated adjusted escaped currency travel to turn astatine a double-digit complaint successful consequent years, she said.

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