|Bid||10.88 x 29200|
|Ask||10.89 x 1800|
|Day's range||10.86 - 11.01|
|52-week range||9.94 - 19.05|
|Beta (5Y monthly)||0.60|
|PE ratio (TTM)||13.76|
|Forward dividend & yield||0.93 (8.49%)|
|Ex-dividend date||23 Nov 2022|
|1y target est||14.43|
US activist’s gambit depends on German securities law protecting minorities from premature squeeze-outs
Vodafone’s interim chief executive said the group “can do better” after it announced revenues were falling in some of its biggest markets. Margherita Della Valle, who took on the role at the start of the year, said the telecoms group had made changes to improve performance. “The recent decline in revenue in Europe shows we can do better,” said Della Valle.
LONDON (Reuters) -Vodafone reported a steeper-than expected slowdown in its third quarter, the first under interim boss Margherita Della Valle, after service revenue in Spain slumped and there was a further deterioration in Germany, its biggest market. The mobile and broadband operator reported group service revenue growth of 1.8% in the third quarter, down from 2.5% in the second and missing market expectations. Hyperinflation in Turkey helped that figure, Della Valle said.