Home Page : Archive News : May 2017 News : UPDATE 1-Britain's Vodafone reports net loss of 6.1 bln euros | |
UPDATE 1-Britain's Vodafone reports net loss of 6.1 bln euros | |
May 16, 2017 LONDON, May 16- Vodafone, the world's second biggest mobile operator, reported a 6.1 billion euro loss for the year to end-March, dragged down by the troubled Indian unit it is spinning off. "We expect to sustain our momentum in the coming financial year, generating free cash flow of around 5.0 billion euros," Chief Executive Vittorio Colao said on Tuesday. Source: http://www.cnbc.com/2017/05/16/reuters-america-update-1-britains-vodafone-reports-net-loss-of-61-bln-euros.html |