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March 5, 2021
BUSINESS

Vodafone Romania reports EUR 527 M operating profit in 2008-2009

Vodafone Romania ahs recorded an operating profit of EUR 527 M in the 2008-2009 fiscal year, according to a company press release. The operating profit as percentage of revenue was 54.1 per cent this year. The average per user revenue reached EUR 9.85 in the fiscal year ending on March 31, 2009, compared to EUR 10.76 by March 2008, standing for a fall by 8.5 per cent year-on-year.

The company reported an increase in its number of personnel between April 1, 2008 and March 31, 2009, as well as higher revenues from services and total revenue. Vodafone Romania had 667,212 new customers and a total of 9.58 M customers on Match 31, 2009, of which 38.3 per cent were Vodafone services subscribers, more by 14.6 per cent compared to the previous year. The number of 3G users in the Vodafone Romania network amounted to 1.13 M on March 31, 2009, which represents an annual increase by 78.3 per cent. The revenues from services amounted to EUR 1.11 bn, with an increase by 1.4 per cent year-on-year. Vodafone Romania had total revenues of EUR 1.16 bn and an annual rise by 0.7 pee cent.

The profit of the Vodafone Group Plc went up in the fiscal year ending on March 31, 2009 because of the depreciation of the GBP against the EUR and of increasing gains on emerging markets.

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