Vodafone looks to 10% earnings lift in FY22, despite covid

Vodafone NZ CEO Jason Paris.

Wed, 17 Feb 2021

Vodafone NZ expects covid-19’s heavy impact on its roaming revenues to linger through the next financial year, but still expects operating earnings could rise by as much as 10 percent against the 2021 financial year.Speaking at a briefing for investors in Infratil, which owns the New Zealand Vodafone franchise, chief financial officer John Boniciolli said improved earnings would come from a combination of cost reductions, returns from investments made in the last year, and improved trading performance.The company now expects earnings befo...

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