Action plan
We will change the level of ambition, speed and decisiveness of execution. We will have empowered markets focused on customers, scale up Vodafone Business and take out complexity to simplify how we operate.
Key strategic shifts
Balanced focus on Business and Consumer
Consumer back to basics to win the market
Leaner organisation focused on value
Portfolio right-sized for growth
Ambition
Best-in-class telco in Europe & Africa
Europe’s leading platform for Business
Latest results | FY24
Initial strategic progress and improved revenue trends
- Improved service revenue performance
- Good initial strategic progress with Customers, Simplicity, Growth
- Right-sizing the portfolio for growth actioned
- FY24 financial guidance delivered
4 reasons to invest in Vodafone
We operate in growing markets, where we hold strong positions with good local scale. We have a sustainable and predictable financial profile, and have compelling structural drivers in Vodafone Business, Africa and in our portfolio of investments.
Majority three player markets, all growing over the last three years. Vodafone is also growing faster than the market in most regions.
Vodafone is right-sized for growth and reorganised for operational excellence.
- Growing free cash flow per share
- Long dated and low cost debt
2.25-2.75x target leverage range - Secure and growing dividend
Long-term share buyback programme
- Vodafone Business
- Africa
- Investment and innovation
Our purpose
Our purpose is to connect for a better future, by using technology to improve lives and businesses and help progress inclusive sustainable societies.
As one of the largest European and African telecommunication companies, we are in a unique position to create this impact at scale.
Our strategy to empower people seeks to ensure no one is left behind. It focuses on three areas. First, closing the digital divide by connecting those who are still unconnected. Second, providing digital services to help people and Small and Medium-sized enterprises (‘SMEs’) prosper. And finally, the Vodafone Foundation, supports some of the most vulnerable groups in society, including refugees and victims of domestic abuse.
We provide connectivity and digital solutions that enable the climate transition and empower others to reduce emissions, protect nature, and improve the efficiency of resource usage. We are committed to minimising the environmental footprint of our operations, our value chain, and our products and services – by reaching Net Zero and improving the circularity of the technology we use and sell. This year, we continued to embed our Planet initiatives across our business.
At the heart of everything we do is maintaining trust with our customers, employees, suppliers and the societies we serve.
News and insights
Featured
Vodafone, Qualcomm Technologies, Inc. and Xiaomi continued their innovative streak with the successful test in Germany and Spain of a new 5G technology capable of download speeds close to 1.8 gigabits-per-second (Gbps) using a new smartphone.
Vodafone today announced that SuperTOBi, its new customer-focussed Generative AI (GenAI) driven virtual assistant, is being rolled out across Europe.
Insight
Customers do not trust businesses as much as businesses think they do – by an average margin of 11 percentage points – creating the “Trust Gap”
Insight
We believe in the power of connectivity and technology’s potential to create a more inclusive digital society. At MWC24, we’re showcasing digital services that ensure no one is left behind.