{"id":14903,"date":"2025-11-10T06:50:58","date_gmt":"2025-11-10T04:50:58","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/sa-vodacoms-interim-profit-jumps-32-on-solid-service-revenue\/"},"modified":"2026-02-27T16:27:19","modified_gmt":"2026-02-27T14:27:19","slug":"sa-vodacoms-interim-profit-jumps-32-on-solid-service-revenue","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sa-vodacoms-interim-profit-jumps-32-on-solid-service-revenue\/","title":{"rendered":"SA Vodacom&#8217;s interim profit jumps 32% on solid service revenue"},"content":{"rendered":"<p>South Africa&#8217;s (SA) biggest telecoms operator, Vodacom Group, reported a nearly 33% jump in interim profit this Monday, driven by double-digit service revenue growth and expansion of its financial services.<\/p>\n<p>&nbsp;<\/p>\n<p>The company, majority owned by Britain&#8217;s Vodafone, said its headline earnings per share (HEPS), a key profit measure in the country, jumped to 467 cents in the six-month period ended September 30, up from 353 cents last year.<\/p>\n<p>&nbsp;<\/p>\n<p>The figure includes a settlement from a 17-year legal dispute over a call-back service, which Vodacom had not previously disclosed.<\/p>\n<p>&nbsp;<\/p>\n<p>SBG Securities on Friday estimated the settlement at roughly R500 million ($28.88 million), based on the mid-point of Vodacom&#8217;s revised HEPS estimate range of 459 cents and 494 cents.<\/p>\n<p>&nbsp;<\/p>\n<p>Group service revenue climbed 12.2% to 65.8 billion rand, while normalised service revenue grew 13.6%, surpassing the company&#8217;s medium-term target of double-digit growth.<\/p>\n<p>&nbsp;<\/p>\n<p>Beyond mobile services, including financial and digital offerings, made up 21.8% of service revenue, with financial services alone up 20.3% at R8 billion ($463\u202fmillion), representing 12.2% of total group revenue.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":14904,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-14903","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Vodacom Group, reported a nearly 33% jump in interim profit","published_date":"2025-11-10 08:49:50","news_description":"Vodacom Group, reported a nearly 33% jump in interim profit","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14903\/revisions"}],"predecessor-version":[{"id":19364,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14903\/revisions\/19364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14904"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=14903"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=14903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}