Hobson: Happy to Hold for Vodafone

THE WEEK: Morningstar columnist Rodney Hobson will be happier when Vodafone leaves India

Rodney Hobson 17 November, 2017 | 1:45PM

Vodafone

This has been one of the best weeks that Vodafone (VOD) has had for many a long day, certainly since it sold up in the United States and pinned its hopes on Europe and emerging markets.

Ignore a small decrease in revenue, caused by an accounting technicality in the Netherlands. Look at the leap in data traffic, the rise in operating profit, the edging up of the dividend. Savour the indication that full-year profits will beat expectations.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
FirstGroup PLC41.26 GBX-1.15
Vodafone Group PLC102.52 GBX-0.95

About Author

Rodney Hobson

Rodney Hobson  is a columnist for Morningstar.co.uk and author of several investing books, including The Dividend Investor and How to Build a Share Portfolio.

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