Vodacom Forecasts Up to 45% Earnings Surge for Half-Year 2025
According to Vodacom, the expected surge in profitability reflects the company’s Vision 2030 target of achieving double-digit EBITDA growth.
Vodacom Group Limited has issued a trading statement ahead of its interim results for the six months ended 30 September 2025, forecasting a strong double-digit increase in earnings that aligns with its Vision 2030 growth ambitions.
The telecoms giant expects its Earnings Per Share (EPS) for the period to rise by 40% to 45%, compared to 354 cents reported a year earlier.
This translates to an EPS range of 496 to 513 cents per share.
Similarly, Headline Earnings Per Share (HEPS) are projected to grow by the same margin, from 353 cents previously to between 494 and 512 cents per share
According to Vodacom, the expected surge in profitability reflects the company’s Vision 2030 target of achieving double-digit EBITDA growth. The group cited “favourable movements below the EBITDA line” and the lapping of prior-year one-off impacts as contributing factors — notably, extraordinary costs related to operations in the Democratic Republic of Congo (DRC) and Ethiopia, which affected last year’s results by 55 cents per share.
Vodacom’s interim financial results for the period ended 30 September 2025 are expected to be released on or about 10 November 2025.
The company emphasized that the financial figures presented in the trading statement have not yet been reviewed or audited by external auditors.
The trading update, published in line with JSE Listings Requirements, underscores Vodacom’s continued performance momentum amid a challenging macroeconomic environment.
With this announcement, Vodacom signals resilience and growth across its African markets, despite pressures from inflation, spectrum costs, and currency fluctuations. The strong performance is expected to boost investor confidence ahead of the detailed results release.
