• The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

  • Don't take us for fools

    It's time for businesses to stop thinking consumers are gullible, says Mandi Smallhorne.

  • Losing the plot

    Parastatal leaders have lost focus of what they're supposed to do, says Nonkululeko Gobodo.

All data is delayed
See More

Vodacom earnings up 22%, hikes dividend

Nov 12 2012 09:10

Vodacom (Duncan Alfreds, News24)

Company Data


Last traded 150
Change 2
% Change 1
Cumulative volume 276124
Market cap 0

Last Updated: 25-11-2015 at 01:45. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Vodacom to ring in profits

Vodacom to roll out 4G by year-end

Vodacom boosts customers, revenue

Vodacom slashes UK roaming rates

Cell C move sparks price war

Vodacom to remain in DRC, says new CEO

Johannesburg - Vodacom [JSE:VOD], the South African unit of Britain's Vodafone, reported a 22% rise in first-half profit on Monday, helped by strong growth in data and a favourable tax change.

Vodacom said in a statement that diluted headline earnings per share (EPS) for the six months to end-Septemebr came in 394.6 cents, compared with 322.3c in the same period a year earlier.

The company had already flagged it expected earnings growth of between 20% and 25%. Headline EPS, the main measure of profit in South Africa, excludes certain one-time items.

Revenue totalled R34.4bn, up from R31.7bn a year earlier.

The company said its number of "active customers" increased by 21% to 50.1 million, and raised its interim dividend per share by nearly 27%, to 355c.

Vodacom is the dominant mobile carrier in Africa's top economy, but is dwarfed by rival MTN Group elsewhere on the continent.

New chief executive Shameel Joosub, who took over in September, has said the company no longer plans to exit the Democratic Republic of Congo, where it has been locked in a longstanding dispute with its local partner.

Vodacom is in the process of rolling out high-speed 4G service in South Africa.

Shares of Vodacom are up more than 20% so far this year, compared with a 16% rise in the Top-40.

vodacom  |  earnings reports


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote