Vodafone revenue up 16 per cent

Vodafone revenue up 16 per cent


Currency movements and growing data revenues contribute to strong quarter

Vodafone saw total global revenue for the fourth quarter of 2007 up 15.8 per cent to £9.2bn compared with £7.9bn in same period of 2006.

Revenue from data services showed the strongest growth, up 41.5 per cent to £558m due to strong sales of handheld devices and laptop data cards.

Around £350m of the group's total sales were derived from exchange rate movements, as the Euro strengthened against Sterling.

The UK accounted for £1.24bn of overall revenue, compared with £1.27bn from Germany, £1.16bn from Spain, £1.07bn from Italy, and £1.06bn from other European countries.

The Vodafone Group's figures do not include profit calculations.