Matt Britzman, senior equity analyst at Hargreaves Lansdown, said: “Vodafone put on a confident face this morning, unveiling a new progressive dividend policy and guiding to the top end of FY26 expectations – the first signal that its self-declared growth phase is gaining traction.
“With pressure mounting ahead of the print, the return to service revenue growth in Germany marks a meaningful step in turning around its largest market.
“There’s still work to do, but the combination of upbeat commentary, improving momentum in the UK and Africa, and a stabilising European core should land well with investors.
“For a name priced for pessimism, today’s update offers a few glimmers of hope.”
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