Vodacom Group Limited has released a positive trading statement for the year ended 31 March 2026, indicating robust financial performance and continued momentum in line with its Vision 2030 strategy, which targets sustained double-digit EBITDA growth.
The Group expects to report strong growth in key earnings metrics, reflecting successful execution across its core connectivity, data, fintech, and digital services businesses.
Key Financial Expectations
According to the trading statement:
- Earnings Per Share (EPS) is projected to increase by 20% to 25%, rising from 859 cents to between 1,031 cents and 1,074 cents.
- Headline Earnings Per Share (HEPS) is also expected to grow by 20% to 25%, from 857 cents to between 1,028 cents and 1,071 cents.
These projections are based on strong operational performance across Vodacom’s markets, supported by robust demand for data services, mobile financial services (MoMo), and digital offerings.
Strategic Context
The anticipated earnings growth demonstrates the effectiveness of Vodacom’s strategic priorities under Vision 2030, including network modernisation, customer-centric digital innovation, and the expansion of fintech services.
The group continues to benefit from its diversified African footprint, where data and mobile money remain key growth drivers.
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Vodacom is scheduled to release its full audited financial results for the year ended 31 March 2026 on or about 11 May 2026.
Looking Ahead
Vodacom Group’s trading statement points to a strong finish for FY2026, with expected EPS and HEPS growth of 20% to 25%.
This performance reinforces the group’s strategic execution and operational resilience across its markets.
Investors and stakeholders are advised to await the full results release on or around 11 May 2026 for detailed segmental and market-level insights.
For further information, refer to official announcements on the Johannesburg Stock Exchange or Vodacom Group’s investor relations website.
Vodacom Group Overview
Vodacom Group subsidiaries: Vodacom Group operates key subsidiaries, including Vodacom South Africa, Vodacom Tanzania, Vodacom DRC, Vodacom Mozambique, and Safaricom (Kenya – significant stake), alongside fintech and infrastructure units.
Vodacom countries / Vodacom Africa: Vodacom has a strong footprint across Africa, mainly in South Africa, Tanzania, the Democratic Republic of Congo, Mozambique, and Lesotho, with indirect exposure to Kenya through Safaricom.
Vodacom headquarters: Vodacom is headquartered in Midrand, South Africa.
Vodafone and Vodacom: Vodafone Group is the majority shareholder in Vodacom (over 60%), making Vodacom its primary African operating arm.
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