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Trading statement for the interim results period ended 30 September 2025
Vodacom Group Limited
(Incorporated in the Republic of South Africa)
Registration number: 1993/005461/06
Share Code: VOD ISIN: ZAE000132577
ADR code: VDMCY ISIN: US9258D2009
("Vodacom" or "the Group")
Trading statement for the interim results period ended 30 September 2025
Vodacom is finalising its interim results for the six-month period ended 30 September 2025 (FY1H26)
and expects to report strong earnings per share (EPS) growth. It is anticipated that the results will be
consistent with Vodacom's Vision 2030 double-digit EBITDA growth ambition. The results will be
further supported by other favourable movements below the EBITDA line on the income statement,
including the lapping of prior year one-off impacts. The prior year one-off impacts related to DRC and
Ethiopia and amounted to 55 cents per share.
Given this context, and in terms of paragraph 3.4(b) of the JSE Limited Listings Requirements,
companies are required to publish a trading statement as soon as there is a reasonable degree of
certainty that the financial results for the period to be reported on will differ by at least 20% from those
of the previous corresponding period.
Accordingly, shareholders are advised that Vodacom expects:
• Earnings per share (EPS) for the interim results related to the six-month period ended
30 September 2025 to increase by between 40% and 45% compared to the EPS of 354 cents
reported for the prior corresponding period. This translates to an EPS range of 496 cents to
513 cents for the period.
• Headline earnings per share (HEPS) for the interim results related to the six-month period
ended 30 September 2025 to increase by between 40% and 45% compared to the HEPS of
353 cents reported for the prior corresponding period. This translates to an HEPS range of
494 cents to 512 cents for the period.
The financial information on which this trading statement is based has not been reviewed or reported
on by the Group's external auditors.
The Group's interim results for the period ended 30 September 2025 are expected to be released on
SENS on or about 10 November 2025.
Midrand
31 October 2025
Sponsor
Investec Bank Limited
Date: 31-10-2025 07:05:00
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