Vodafone Reports Growth in Germany Amid Regulatory Challenges

CEO Margherita Della Valle's turnaround strategy shows early signs of success despite upcoming customer losses from new contract laws.

Vodafone's service revenue in Germany increased by 0.2% to €11.45 billion, but adjusted earnings fell due to inflationary costs.
New regulations will cause Vodafone to lose about 4 million TV customers in Germany, impacting revenue by €400 million.
The company is selling its Spanish and Italian operations, aiming to focus on more profitable markets.
Vodafone forecasts adjusted earnings of €11 billion for fiscal 2025, aligning with analyst expectations.
Shares rose by 2.77% following the announcement, reflecting cautious optimism among investors.