Vodafone Group Public Limited Company · LSE:VOD
Vodafone Group Public — Vodafone Group — Deutsche Bank European TMT Conference 2011
16 slides from Vodafone Group Public's conference presentation, September 2011
Slide 1: Vodafone Group Plc – Deutsche Bank European TMT Conference
Vodafone Group Plc Michel Combes Deutsche Bank European TMT Conference September 2011
Slide 2: Disclaimer
Disclaimer Information in the following presentation relating to the price at which relevant investments have been bought or sold in the past or the yield on such investments cannot be relied upon as a guide to the future performance of such investments. This presentation does not constitute an offe
Slide 3: Highlights
Highlights • Group organic service revenue +2.1% FY 10/11; Q1 FY 11/12 +1.5% • Strong commercial performance in most European and emerging markets • Verizon Wireless $10.0bn dividend confirmed, £2.0bn Vodafone special dividend • £15.0bn to be raised from disposals with £6.8bn committed to share buyb
Slide 4: Delivering growth from data, enterprise and emerging markets
Delivering growth from data, enterprise and emerging markets Mobile data: accelerating mobile data growth opportunity Enterprise: selectively expanding in growth segments Emerging markets: increasing mobile penetration and data adoption 4
Slide 5: Stimulating data revenue growth
Stimulating data revenue growth Data revenue mix (£bn) and growth (%) +26.4% YoY • Data now 12% of service revenue, +2ppt YoY +19.3% YoY – Q4 annualised data revenues of £5.5bn – Mix shifting to mobile internet +54%; due to rising smartphone penetration Mobile broadband – Europe data attach rates 48
Slide 6: Group: delivering strong data and SMS growth
Group: delivering strong data and SMS growth Q3 Q4 Q1 • Managing transition to integrated plans (%) – Over 25% of Europe consumer contract revenue from 10/11 10/11 11/12 Group integrated (voice, SMS, data) plans Data revenue growth 27.2 26.9 24.5 • Maintaining network quality Messaging revenue growt
Slide 7: Best network for data: Europe
Best network for data: Europe Average user download speed (Mbps) • Market leading data performance achieved in 11 out of 13 markets - verified through 3rd party drive trials: – Leadership in our four large European markets – Significant outperformance; ~40% vs. best competitor – >70% increase in dow
Slide 8: Enterprise: a key segment with improving performance
Enterprise: a key segment with improving performance Europe Enterprise service revenue growth FY 10/11 (%) • Represents 29.5% of service revenue and 15% of customers in Europe • 37% mobile market share in Europe1 • A growth engine: Europe service revenue +0.5% (-1.7% in consumer) – Data: rising mobi
Slide 9: Enterprise: trends and our approach
Enterprise: trends and our approach Enterprise market trends Actions Mobile centricity (tablets, PDAs, email, enterprise apps) and growing • Increased salesforce capability and enlarged complexity (security, device management) asset and skills to become primary provider • Leveraging Vodafone One Net
Slide 10: Emerging markets: successful management of acquired operations
Emerging markets1: successful management of acquired operations Organic service revenue growth FY 10/11(%) • Strong customer growth and winning market share • Strong brand: ‘Best National Mobile Operator’ award in India3; expanding our brand presence in Africa Revenue market share (%)2 • Leading cus
Slide 11: Emerging markets: strong growth opportunity remains
Emerging markets1: strong growth opportunity remains Mobile SIM penetration - March 2011 (%)2 • Low penetration provides ample room for growth Average • Human penetration ~50% in India (excl. multi sims) 70% • Limited alternative fixed infrastructure • Data accelerating: led by low cost devices, imp
Slide 12: Improved returns through effective portfolio management
Improved returns through effective portfolio management Returns to shareholders (£bn) 10.4 • £15.0bn to be raised through disposal of non- 2.0 6.6 3.7 controlled interests 5.0 4.1 2.1 1.0 4.0 4.1 4.5 4.7 • £6.8bn committed to share buybacks, £3.6bn FY 08/09 FY 09/10 FY 10/11 FY 11/12 2 completed to
Slide 13: Opportunities and challenges of the next 12 months
Opportunities and challenges of the next 12 months Challenges Opportunities Integrated Economic and tiered data Enterprise outlook pricing in Europe Commercial Competitor Regulation cost behaviour rationalisation Voice and data Verizon IP based in emerging collaboration communication markets apps 13
Slide 14: We are delivering a more valuable Vodafone
We are delivering a more valuable Vodafone Revenue market share • Increased or held share in most key markets Delivering growth • FY 10/11 revenue growth1: data +26%, emerging markets +12% opportunities • Medium term guidance: organic service revenue growth 1% to 4% per annum Cost efficiency • F
Slide 15: Q&A
Q&A 15
Slide 16: Slide 16
Vodafone Group — Deutsche Bank European TMT Conference 2011 on 6ix