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Stock impact report

Vodafone, Deutsche Telekom Cash Swells: EMEA Earnings Week Ahead [BNN Bloomberg (Canada)]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD) 
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
Company Research Source: BNN Bloomberg
Most of Europe's biggest carriers have set an “optimistic” baseline for sales, profit and cash-flow growth in 2024, according to Bloomberg Intelligence's Matthew Bloxham. Deutsche Telekom's free-cash-flow ramp-up is set to be among the strongest and may bolster shareholder returns. Vodafone's exit from struggling operations in Italy and Spain puts it on a healthier footing and adds about €12 billion ($12.9 billion) in cash, €4 billion of which is earmarked for buybacks. Meanwhile, BT — on the cusp of a turnaround — needs to convince shareholders of the merits of expanding mobile operator EE's offerings into consumer electronics, gaming and home security, Bloxham said. British trenchcoat maker Burberry Group Plc, still reeling from a profit warning in January, will have to show it's making headway with its brand revival. Luxury peer Richemont — also due — has fared better this year, with shares among the biggest sector gainers. Flutter Entertainment Plc is taking its primary l Show less Read more
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