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BRIEF-Vodacom Group FY HEPS rises to 923 cents
May 15, 2017 / 5:21 AM / 4 months ago

BRIEF-Vodacom Group FY HEPS rises to 923 cents

May 15 (Reuters) - Vodacom Group Ltd

* FY HEPS 923 cents versus 883 cents year ago

* FY South Africa data revenue grew 19.7 percent to r20 696 million

* FY group data revenue up 16.4%, supported by strategy of data network investment and device migration

* FY group capital expenditure of r11 292 million

* Final dividend per share of 435 cents, taking total dividend to 830 cents per share for year

* Target group service revenue growth of mid-single digit, previously low-to-mid single digit, over next three years

* Target group EBIT growth of mid-to-high single digit and capital intensity of 12-14% of group revenue over next three years

* Change to FY EBIT target reflects change in management short-term incentive targets, which are now based on EBIT, previously EBITDA

* Key growth areas remain robust, including data, for which customer demand remains strong Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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