Vodafone Group Public Limited Company · LSE:VOD
Vodafone Group Public — Vodafone Group — Q3 FY21 Earnings Presentation
12 slides from Vodafone Group Public's earnings presentation, February 2021
Slide 1: Q3 FY21 Trading Update
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Slide 2: Q3 highlights: Resilient trading performance, FY21 guidance re-iterated
Q3 highlights ⫶ Resilient trading performance, FY21 guidance re-iterated Back to Consistent growth momentum • Capital markets day held 16.00% Ex. roaming & visitor revenue European mobile contract churn (year to date) on 17 Nov’20 15.00% 1.5% 1.8% 1.6% 1.5% 14.7% 14.00% 0.5% 0.8% 0.6% 0.4% 13.00% -1
Slide 3: Germany: Consistent commercial performance
Germany ⫶ Consistent commercial performance 41% of Group EBITDA1 Service revenue growth Net customer additions (‘000) 2.5% 2.5% 2.5% 1813 Retail 190 160 2.0% 2.0% DSL Retail ex. roaming 1.8% 1.8% Cable 140 118 & visitor (‘R&V’) 1.5% 1.5% 1.5% 99 Mobile contract Reported organic 1.3% 90 1.0% 1.2% 1.0
Slide 4: UK: Continued commercial momentum; Italy: Remains highly competitive
Italy ⫶ Remains highly competitive UK ⫶ Continued commercial momentum 11% of Group EBITDA1 9% of Group EBITDA1 Q2 Q3 Q2 Q3 FY21 FY21 FY21 FY21 Service revenue growth (8.0%) (7.8%) Service revenue growth (0.5%) (0.4%) Vodafone Mobile Number Portability (‘000) Net customer additions (‘000) Q3 Q4 Q1 Q2
Slide 5: Other Europe: Improving performance; Spain: Sustained service revenue trend
Spain ⫶ Sustained service revenue trend Other Europe ⫶ Improving performance 7% of Group EBITDA1 12% of Group EBITDA1 Q2 Q3 Q2 Q3 FY21 FY21 FY21 FY21 Service revenue growth (1.8%) (1.1%) Service revenue growth (1.8%) (0.7%) Net customer additions (‘000) Service revenue growth Ex. roaming & visitor d
Slide 6: Turkey & Egypt: Acceleration in trends; Vodacom: SA strong, M-Pesa charging
Turkey & Egypt ⫶ Acceleration in trends Vodacom ⫶ SA strong, M-Pesa charging 8% of Group EBITDA1 13% of Group EBITDA1 Q2 Q3 Q3 Q2 Q2 Q3 Service revenue growth FY21 FY21 Service revenue growth FY21 FY21 Egypt 4.9% 8.8% Vodacom Service revenue Groupgrowth 3.3% 3.2% 3.2% 3.3% Turkey 13.9% 17.7% South A
Slide 7: Summary: Continued resilient trading performance
Summary ⫶ Continued resilient trading performance Back to service revenue growth Good commercial momentum On-track for FY21 guidance1 Q3 results on 15 Feb’20, IPO remains firmly on-track 1. FY21 guidance: Adjusted EBITDA €14.4-14.6 billion and free cash flow of at least €5 billion (pre-spectrum and
Slide 8: Appendices
I Definitions p9 II Supporting information p10 III Importance notice p11 Appendices Q3 FY21 Q1 Trading Update 8
Slide 9: Appendix I: Definitions
Appendix I ⫶ Definitions Term Definition Term Definition Adds Customer additions within a defined period MNP Mobile number portability MoU A Memorandum of Understanding is an agreement expressing ARPU Average revenue per user, defined as customer revenue the intent for two or more parties to work to
Slide 10: Appendix II: Supporting information
Appendix II ⫶ Supporting information 1. Quarterly revenue The information opposite is available in spreadsheet format 2. Adjusted income statement via investors.Vodafone.com 3. Regional results 4. Regional analysis 5. Cash flow 6. Mobile customers 7. Fixed-line broadband customers 8. Marketable home
Slide 11: Appendix III: Important notice
Appendix III ⫶ Important notice This presentation, along with any oral statements made in connection therewith, contains “forward- spectrum position to support ongoing growth in customer demand for mobile data services; the Group’s looking statements” including within the meaning of the US Private S
Slide 12: Investor Relations contacts and upcoming events
Group Investor investors.vodafone.com Upcoming events Relations ir@vodafone.co.uk 1 Kingdom Street, London, W2 6BY 18 Vodafone Business virtual March investor briefing Matthew Johnson Director matthew.johnson@vodafone.com Group IR Daniel Morris Deputy Director Group IR daniel.morris@vodafone.com 18