South African (SA)mobile telecoms operator Vodacom Group reported a 22.9% jump in full-year profit on Monday as growth from its businesses on the continent offset a decline in its home market, where it booked a one-off cost in the first half.
The company, majority owned by Britain’s Vodafone, said its headline earnings per share, a key profit measure in SA, jumped to R10.53 ($0.64) in the full year period ended March 31, up from R8.57 ($0.52) a year earlier.
Vodacom declared a final dividend of 405 cents per share.
–Reuters–
