Vodafone Ireland Preliminary Results Announcement

Vodafone Ireland Preliminary Results Announcement

For The Year Ended 31st March 2015

• 77% growth in mobile data usage year-on-year
• 10% increase year-on-year in fixed voice and broadband customers
• Smartphone penetration exceeds 70%
• Capital investment delivering 90% 4G population coverage nationwide
• Progressed €450m Fibre-to-the-Home joint venture initiative, SIRO, with ESB

Tuesday, 19th May 2015: Vodafone Group Plc today issued preliminary results for the year ended 31st March 2015. The following information relates to Vodafone Ireland's performance during the period and should be read in conjunction with the Group press release available at:
http://www.vodafone.com/content/index/investors/investor_information/financial_results.html

Vodafone Ireland today published its financial performance figures for the fourth quarter ended 31st March 2015. The Company had a total Irish customer base of 2.3 million at the year ended March 31st 2015, of which 2 million were mobile customers. Its fixed-line voice and broadband customer base grew by 25,700 (+10%) year-on-year to 282,300.

Revenues for the year under review were €935.8 million, down 2.6% year-on-year due to a reduction in inter-operator revenues and continued competition in the pay as you go market, partially offset by an increase in contract subscriptions of 4.7% year-on-year and lower levels of churn. During the period the Company's enterprise revenues grew by 4.0%, underpinned by securing new contracts with a number of large companies including Ryanair. Vodafone is now supporting the airline's communications and IT needs across Europe.

Vodafone Ireland customers with smartphones increased by 127,800 year-on-year to 1.3 million. Combined with the Company's nationwide investment in its 3G, 4G and 4G+ networks and the introduction of larger data offers, mobile data usage increased by 77% during the period. In relation to its non-mobile capabilities, it continued to invest strongly in enterprise fixed data and converged communications services. It also progressed its €450m Fibre-to-the-Home joint venture initiative with the ESB, "SIRO", which is bringing high speed broadband to 50 towns across Ireland.

Commenting, Vodafone Ireland CEO Anne O'Leary said: "In a highly competitive market, our performance demonstrates a continued improvement in trends during the year proving the effectiveness of our strategy which is to become the total communications provider of choice in the Irish market. As part of that strategy, we have seen growth in our enterprise revenues and continued migration in our customer base from pay-as-you-go to contract subscriptions thus delivering value added services to our customers."

ENDS

For further information:

Darina Sexton, Vodafone Ireland: Tel: 087 775 3000/Orla Benson, Vodafone Ireland: 087 8033262
Jim Devlin, FTI Consulting: Tel: 087 2631057

About Vodafone Ireland:

Vodafone is Ireland's leading total communications provider with 2.3 million customers. At 31st March 2015, the company had 2 million mobile customers and 282,300 fixed line voice and broadband customers.

Vodafone provides a total range of communications solutions including voice, messaging, data and fixed communications to consumers and to small, medium and large businesses. Since 2011, Vodafone has expanded its enterprise division, offering integrated next-generation fixed and mobile solutions in addition to cloud-based platforms, machine to machine services and professional ICT support.

Vodafone Group is one of the world's leading international mobile communications groups with mobile operations in 26 countries, partners with mobile networks in 55 more, and fixed broadband operations in 17 markets.

For more information, please visit www.vodafone.ie