Technology30.05.2006

Vodacom dials big numbers

Revenue was up 24.6% to R34.0bn, while profit from operations rose 36.9% to R8.9bn.

Vodacom reported net profit after taxation up 32.0% to R5.1bn, while earnings before interest, tax, depreciation and amortisation (EBITDA) rose 23.1% to R11.8bn.

Cash generated from operations was up 10.8% to R11.1bn.

"Since our 50% shareholder Vodafone will be releasing some of the key financial highlights of the Vodacom group today, I have deemed it prudent to repeat these in our own press release on the same day to ensure clarity," said Alan Knott-Craig, group CEO.

Detailed indicators per country and for the group will be issued at the Vodacom group annual results presentation scheduled to take place on Monday June 5, he added.

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