Vodafone has cheered a “new chapter” for the group as it swung to an annual profit after a move to focus on its key markets and forecast further earnings growth over the year ahead.
The telecoms giant notched up pre-tax profits of 1.86 billion euro (£1.61 billion) for the year to March 31, compared with losses of 1.48 billion euro (£1.28 billion) the previous year, after service revenues jumped 8.8%.
