Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Vodafone revenues fall in Europe, GSK profits rise

Vodafone boss Margherita Della Valle stuck by the company’s full-year profits guidance today but said a decline in revenues in Europe showed “we can do better”.

The group’s revenues in the UK were 5.3% higher in the third quarter of the financial year but this was offset by weaker performances in Germany, Italy and Spain.

Meanwhile, GSK chief executive Emma Walmsley said the drugs giant started 2023 with good momentum after reporting 14% growth in annual operating profits to £8.15 billion.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.