Vodafone Group Public Limited Company · LSE:VOD
Vodafone Group Public — Vodafone Group — Q1 FY23 Earnings Presentation
15 slides from Vodafone Group Public's earnings presentation, Jul 25, 2022
Slide 1: Vodafone Group Plc Q1 FY23 Trading Update
Vodafone Group Plc Q1 FY23 Trading Update 25 July 2022
Slide 2: Our strategy: Growth in Europe & Africa to drive returns
Our strategy ⫶ Growth in Europe & Africa to drive returns We connect for a better future Our Purpose Inclusion for All Planet Digital Society Enabling the digital society to be accessible Ensuring our commercial success does Connecting people, places & things by all, with no one left behind not come
Slide 3: Highlights: Continued service revenue growth, in line with expectations
Highlights ⫶ Continued service revenue growth, in line with expectations Group Service Revenue YoY growth Group Group excl. Turkey • Good service revenue growth maintained 3.3% 2.7% 2.4% 2.0% 2.5% • Germany service revenue decline of 0.5% largely 0.8% 2.7% reflecting the impact of the implementation
Slide 4: Q1 Performance: Europe commercial actions supporting growth
Q1 Performance ⫶ Europe commercial actions supporting growth Europe service revenue growth Contractual price increase UK Europe 6.5% • Growth acceleration in the UK driven by contractual price increases 2.5% 0.6% 0.9% 2.0% • Focus on price actions across all markets -0.6% 1.1% 0.3% 0.5% 0.3% 0.5% Pr
Slide 5: Germany: Commercial momentum gradually recovering
Germany ⫶ Commercial momentum gradually recovering Service revenue Market and our performance growth • Service revenue decline following customer losses related to the impact of new Telecommunications Act 30% Group Service Revenue -0.5% • Broadband customer losses improved and mobile stabilised in Q
Slide 6: Europe: Similar trends QoQ, growth acceleration in the UK
Europe ⫶ Similar trends QoQ, growth acceleration in the UK Service revenue Market and our performance Highlights growth Organic service revenue growth (%) • Double digit growth in Consumer driven by our contractual 6.5% 13% price increases and customer base growth Group Service Revenue +6.5% 2.5% 0.
Slide 7: Africa and Turkey: Growth in Vodacom, good demand in other markets
Africa and Turkey ⫶ Growth in Vodacom, good demand in other markets Service revenue Market and our performance Highlights growth Consumer contract revenue growth (%) • Growth supported by Consumer contract price increases 5.3% 6.0% 9% Group Service Revenue +3.0% • Strong demand for insurance financi
Slide 8: Appendices
Appendices I More information p9 II Our regional footprint p10 III Network quality achievements p11 Provide investor feedback here ⫶ VI Definitions p12 quantifire.co.uk/vodafone-68743521/ V Supporting information p13 VI Important notice p14 Q1 FY23 Trading Update 25 July 2022 8
Slide 9: Appendix I: More information
Appendix I ⫶ More information • 5-part video presentation Vodafone Business ⫶ Investor briefing • 8 video case studies investors.vodafone.com/vbbriefing • 64-page documents • Analyst Q&A video replay • 5-part video presentation Technology ⫶ Investor briefing • 5 video case studies investors.vodafone
Slide 10: Appendix II: Our regional footprint
2 ⫶ We are the Appendix II ⫶ Our leading regional connectivity footprintprovider in Europe & Africa. Europe ⫶ converged connectivity leader Africa ⫶ leading data & payments provider 43.8m 5.4m 3.3m 17.2m 2.1m 31.3m 1.1m 7.3m 0.3m 10.8m 4.0m 0.6m 42.4m* 16.0m 3.0m 9.6m 0.7m 0.7m 15.6m 17.9m 3.0m 1.6m
Slide 11: Appendix III: Network quality achievements
2 ⫶ We are the Appendix III ⫶leading Networkconnectivity quality achievements provider in Europe & Africa. Awards Publications 4G Mobile Experience Mobile networks 5G Mobile Experience Video Upload Speed Experience Experience Fixed networks Q1 FY23 Trading Update 25 July 2022 11
Slide 12: Appendix IV: Definitions
Appendix IV ⫶ Definitions Term Definition Term Definition Adds Number of new customers within a defined period FWA Fixed Wireless Access AI Artificial intelligence / machine learning Organic An alternative performance measure which presents performance on growth a comparable basis, in terms of M&A a
Slide 13: Appendix V: Supporting information
Appendix V ⫶ Supporting information 1. Quarterly revenue The information opposite is available in spreadsheet format 2. Group financial performance via investors.vodafone.com 3. Segmental Results 4. Segmental analysis 5. New segmental reporting 6. Cash flow 7. Mobile customers 8. Fixed broadband cus
Slide 14: Appendix VI: Important notice
Appendix VI ⫶ Important notice You have been provided access to this presentation on the basis that you are an investment This presentation, along with any oral statements made in connection therewith, contains professional for the purposes of Article 19 or a member of the press for the purposes of
Slide 15: Investor Relations contacts and upcoming events
Group investors.vodafone.com Upcoming events Investor Relations ir@vodafone.co.uk 1 Kingdom Street, London, W2 6BY 26 Annual General Meeting July Matthew Johnson Director matthew.johnson@vodafone.com Group IR 28 Social Contract Sep Investor Briefing Daniel Morris Deputy Director daniel.morris@vodafo