Vodacom Records An 8.9% Rise In Annual Earnings

Vodacom Group South African mobile operator reported a 8.9% rise in annual earnings on Monday, these performance was triggered by an improved second half in its domestic market and the sustained growth of its international businesses.

Headline earnings per share (HEPS) for the full-year ended March rose to 945 cents from 868 cents a year earlier.

Vodacom, which is majority owned by Vodafone, declared a final dividend of 405 cents per share

HEPS is the main profit measure in South Africa and strips out certain one-off items.

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