New Street Research - Vodafone Group (VOD LN) Vodafone (Buy, 135p, +91%) Q1 25 - Assessing a revised outlook for Germany

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New Street Research

James Ratzer

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Vodafone (Buy, 135p, +91%) Q1 25 - Assessing a revised outlook for Germany

Vodafone’s Q1 results are now boosted by some additional (and supportive) EBITDA disclosure, but the ongoing fly in the ointment is still their German broadband KPI trend which remains unresolved.

25/07/2024 1 EN

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Vodafone Group

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James Ratzer

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Vodafone (Buy, 135p, +91%) Q1 25 - Assessing a revised outlook for Germany

GERMAN ALTNET UPDATE: What will be the key to success?

UK Telcos Impact from higher employers' taxation in upcoming Budget

Vodafone should be bold: Buy out OXG minority Unlocking synergies from inefficient network overlap

LUMN Quick Hit: Lumen and Google sign PCF contract

Match Group (MTCH, Buy, $54 target) Quick Thoughts Ahead of the Print

LY Corp (Buy, TP: ¥585, +38%) Q2 FY24 Quick Take: Upgraded profitability guidance led by Media and PayPay

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