income vodafone Spain fell 1.8 percent In the first half of the fiscal year (April-September), 1.929 million eurosDue to lower billing for services, according to the results presented by the operator this Tuesday.
In this sense, Vodafone service revenues reached 1 billion 731 million euros (-2.8%), on the one hand, due to high competition in the ‘low-cost’ consumer segment smaller customer base and lower mobile termination ratesThis was partially offset by the growth of digital services for companies and the updating of price plans with the CPI.
Similarly, the company recorded gross operating profit (EBITDA) of 394 million euros in the first half of the financial year; This is 11.46% lower than 445 million euros in the same period last year.
EBITDA figures reflect 4.1 percentage point impact 2.9 percentage points due to exceptional tax benefits and increased energy costs compared to the previous year, partially offset by savings in commercial and interconnection costs. Additionally, EBITDA margin decreased by 2.3 points.
Source: Informacion
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