Vodafone Ukraine Group: Revenue growth by 9% - reports the report for 2023
The Vodafone Group company demonstrated a significant increase in activity indicators in Ukraine by the results of 2023, emphasizing its stability and successful work even in war conditions.
Success of Vodafone
Increase in revenue
According to the results of 2023, Vodafone Ukraine Group increased its revenue by 9%, up to 21 UAH 6 billion compared to the previous year. This increase was due to the development of the fixed business, an increase in the use of mobile Internet and revenues from communication services.
Profit growth
Such revenue growth contributed to an increase in OIBDA by 13%, to 12 .7 billion UAH, with a profitability of 58.7%. Compared to 2022, Vodafone's net profit increased 5 times, reaching UAH 5 billion.
Investments in infrastructure
Vodafone invested UAH 5.7 billion in the country's infrastructure in 2023, and in total, over two years of full-scale war, its investments amounted to 9, UAH 3 billion. Thanks to this, Vodafone network coverage was restored in 900 cities and villages of Ukraine.
Growth of the client base
The number of Vodafone subscribers in Ukraine in 2023 increased by 3.2% to 15.9 million people.
Social investments
The total volume of Vodafone's social investments in 2022-2023 amounted to UAH 1.7 billion.
In 2023, communication providers in Ukraine received an income of UAH 130.5 billion, which is UAH 40.1 billion more than in 2022.
Glossary
- Vodafone Ukraine Group is one of the largest telecommunications companies in Ukraine, providing mobile and fixed communication services.
- OIBDA - indicator of operating profit before deduction of depreciation and fees.
Links
- AIN.UA
Answers to the question
How did Vodafone increase its revenue in 2023?
How will Vodafone's OIBDA profitability change in 2023?
How many investments did Vodafone make in the infrastructure of Ukraine in 2023?
How did the number of Vodafone subscribers in Ukraine change in 2023?
What was Vodafone's total social investment in 2022-2023?
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Discussion of the topic – Vodafone Ukraine Group: Revenue growth by 9% - reports the report for 2023
According to the results of 2023, Vodafone Ukraine Group increased its turnover by 9%, to UAH 21.6 billion compared to the previous year. The growth is due to the development of the fixed business, the increase in the use of mobile Internet and revenues from communication services, which also led to a 13% increase in OIBDA to UAH 12.7 billion.
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Роман
It is interesting that Vodafone has grown its profits despite all the challenges of the war. Their investment in the network has clearly paid off. 🚀
Софія
Yes, UAH 5.7 billion for infrastructure is a solid figure! A good example of how a company overcomes difficulties. Now there is communication even in villages where it was not there before.
Петро
And I do not trust such large corporations. Perhaps they only show numbers that are beneficial to themselves. 🤨
Оксана
See how the number of users has changed! Almost 16 million subscribers - that says something. 💯 It is obvious that people are satisfied with their services.
Віктор
Of course, profits increased because of the war. People use communication as much as possible to be in touch with relatives. But I am glad that the company allocates funds for social projects.
Анна
I agree! 1.7 billion for social investments is great. 👏 During such difficult times, it is important that big companies help society.
Ґжеґож
According to the rules of security guards, you must have several sims of different operators in case one of them is disconnected. With these results, Vodafone is probably a good choice. 📶
Петро
But this is all nonsense! Corporations only keep money in their pockets, and ordinary people do not benefit from them. You are funny with your trends! 🙄