Shares Fall As Vodafone Announces Pounds 10bn Profit

The JournalMay 26, 2004

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Summary


Mobile phone giant Vodafone reported annual profits of pounds 10bn yesterday after sales increased by 10pc during the year to pounds 33.6bn.

The underlying figure, which was broadly in line with City forecasts, was achieved after Vodafone added 13.7 million new customers worldwide.

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Extract


Shares Fall As Vodafone Announces Pounds 10bn Profit

Accounting charges of pounds 15.2bn ( in relation to acquisitions made in recent years ( meant the group's bo...

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