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

EUR 9547.00 For Business Accounts Only

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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New Street Research

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James Ratzer

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

Vodafone (Buy, 140p, +100%) Post call thoughts: What is needed to hit EBITDA guidance

Vodafone (Buy, 140p, +100%) H1 25 - Questions still lingering in Germany

Altice International (Over weight) Digi (Equal weight) NOS (Neutral, TP: €3.7, +10%) Vodafone (Buy, TP: £1.4, +94%) One week on: How is Digi doing in Portugal? Can FWA solve for a lack of fixed infrastructure?

LG Uplus (Buy, TP: KRW 19,000, +71%) New Corporate Value Up Plan, modestly positive

BEKE 3Q24 Results: Favorable Policy Measures to Drive Meaningful Sequential Recovery in 4Q

PDD 3Q24 Results: Investments to Drag Near Term Margins

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