Vodafone Group plc announced unaudited consolidated earnings results for the year ended 31 March, 2013. For the year, the company reported revenue of £44,445 million against £46,417 million a year ago. Operating profit was £4,728 million against £11,187 million a year ago. Profit before taxation £3,255 million against £9,549 million a year ago. Profit attributable to the equity shareholders was £429 million or 0.87 pence diluted per share against £9,549 million or 13.65 pence diluted per share a year ago. Net cash flow from operating activities was £10,694 million against £12,755 million a year ago. Purchase of property, plant and equipment was £4,666 million against £4,762 million a year ago. Purchase of property, plant and equipment was £4,666 million against £4,762 million a year ago. Purchase of intangible assets was £4,036 million against £3,090 million a year ago. EBITDA was £13,275 million against £14,475 million a year ago. Group adjusted operating profit was £11,960 million against £11,532 million a year ago. Adjusted profit before tax was £10,528 million against £9,918 million a year ago. Adjusted earnings per share were 15.65 pence against 14.91 pence a year ago. Adjusted profit attributable to the equity shareholders was £7,696 against £7,550 a year ago. Net debt as on March 31, 2013 was £26,958 million against £24,425 million as of as of 31, 2012. The company recommended final dividend per share of 6.92 pence, representing a 7.0% increase over the prior financial year's final dividend. Going forward the Board aims at least to maintain the ordinary dividend per share at current levels. The ex-dividend date for the final dividend is 12 June 2013 for ordinary shareholders, the record date is 14 June 2013 and the dividend is payable on 7 August, 2013.

Chief Executive Officer of Vodafone Group Public Limited Company (LSE:VOD), Vittorio Colao dismissed the news that the company is planning to sell its 45% stake in Verizon Wireless Capital LLC. Vittorio Colao said that Verizon Wireless’ “exceptional performance continues. It is a very good asset to own.” He added, “If an offer comes in that is more advantageous than our current position then we will have to consider it.”

Vodafone Group Public Limited Company (LSE:VOD) is seeking acquisitions in Europe. Chief Executive Officer of Vodafone Vittorio Colao said, “Our goal is to offer unified communications services in our major European markets, accessing next-generation fixed-line infrastructure through a combination of negotiated wholesale terms, deployment of our own fiber and, potentially, acquisitions.”