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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Vodafone Group    VOD   GB00BH4HKS39

VODAFONE GROUP (VOD)
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Vodafone : ups reach in Portugal

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10/03/2017 | 07:11am CEST

TELECOMS giant Vodafone has earmarked Portugal as the latest European nation to receive a large investment in ultra-fast broadband.

The UK-headquartered firm yesterday announced a tie-up with Portuguese firm NOS Fibre to deliver cutting-edge internet to 80 per cent of Portugal's households.

Some 4m properties in Portugal will be able to access fibre to the premises (FTTP) broadband.

Vodafone currently delivers FTTP services in Portugal to 2.7m customers through a combination of its own network and reciprocal arrangements with third parties.

Yesterday's deal means around 2.6m homes and businesses will benefit, around half of which will be new to Vodafone.

(c) 2017 City A.M., source Newspaper

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Financials (€)
Sales 2018 46 211 M
EBIT 2018 4 762 M
Net income 2018 2 311 M
Debt 2018 31 021 M
Yield 2018 6,07%
P/E ratio 2018 25,71
P/E ratio 2019 21,86
EV / Sales 2018 2,06x
EV / Sales 2019 2,06x
Capitalization 64 245 M
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 2,78 €
Spread / Average Target 16%
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Managers
NameTitle
Vittorio Amedeo Colao Chief Executive Officer & Executive Director
Gerard Johannes Kleisterlee Chairman
Nicholas Jonathan Read Group Chief Financial Officer & Executive Director
Johan Wibergh Group Technology Officer
Samuel Esson Jonah Independent Non-Executive Director
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