Vodacom Group FY revenues reach ZAR69.9bn

20 May 2013

South Africa-based Vodacom Group has reported consolidated revenues of ZAR69.92 billion (USD7.43 billion) for the twelve months ended 31 March 2013, up 4.5% year-on-year. Vodacom’s domestic unit, Vodacom South Africa, continues to account for the lion’s share of sales, generating ZAR58.61 billion in the twelve-month period under review. Group EBITDA for the period grew 10.9% to ZAR25.25 billion, and net profit climbed 29.6% to ZAR13.22 billion. Meanwhile, CAPEX for the twelve-month period increased 9.2% on an annual basis, to ZAR9.46 billion.

In operational terms, Vodacom South Africa remains the firm’s largest unit by subscribers, with 30.348 million ‘active’ customers reported at 31 March 2013, of whom 24.404 million are pre-paid users. Elsewhere, Vodacom units in Democratic Republic of Congo (DRC), Mozambique and Lesotho all increased their active subscriber bases in the twelve months ended 31 March. Mozambique weighed in with 3.045 million customers (9.4% year-on-year), the DRC contributed 7.706 million (36.6%) and Vodacom Lesotho grew its mobile base to 1.108 million (+38.2%). However, the company’s Tanzanian operation saw its user base drop 2.0% y-o-y to 9.468 million.