Vodacom anticipates a significant rise in annual earnings, with HEPS expected to increase by 20% to 25%. The company forecasts HEPS for the year ending March to be between 1,028c and 1,071c.
In a trading statement released on Monday, Vodacom announced that its HEPS for the year ending March is projected to be in the range of 1,028c to 1,071c, marking a 20% to 25% increase compared to the previous year. EPS is also expected to rise similarly, with estimates between 1,031c and 1,074c. The company indicated that these results align with its Vision 2030 goal of achieving double-digit EBITDA growth.