Published: May 12, 2026 at 3:56 pm
Shares in Vodafone fell 8% today despite reporting total revenue growth of 8% in FY26 to €40.5 billion.
The telecoms giant expects to see profit before tax of almost £1.9bn, compared to a £1.5bn loss in FY25, as it simplifies its business.
It also recently announced plans to take full ownership of VodafoneThree after agreeing a £4.3bn deal to buy the 49% stake it does not already own. That deal is set to complete in the second half of 2026.
However investor sentiment was dampened by the decision to pause share buybacks to prioritise taking full control of the joint venture; disappointing results in Germany, its largest market; and missing its overall adjusted earnings forecast.