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Vodagam group Wednesday said it hopes to accelerate its revenue growth over the next five years – and tell investors expecting improved performance in the second half of this decade.
The group, which belongs to South Africa’s largest mobile network operator, is conducting an investor summary session on Wednesday, in a report to investors issued by the JSE Stock Exchange Service, in which the Vision 2030, which provides its update for the next five years.
“As part of this strategy, Vodakam will convey an ambition to accelerate the development of Group EPITDA as double digits,” it said, “Interest, tax, depreciation and loan refers to the income – an action of operating profit and an interesting financial matricular telecommunication industry.
“This refers to upgrading from the current medium -term target structure of high single -digit EPIDDA development,” VodakamIt is controlled by the Vodafone group of the UK, which is included in its report.
The group’s shares were traded at 1% more on Wednesday morning at 9.30 am. They have added 28% more than last year.
However, on the three -year horizon, stocks have fallen by 20%. This is the result of long -term performance between April 2022 and April 2024, and the stock at that time lost more than half of its value, which decreased from above R160/share to R80/share.
Read: Vodakam processing in mobile cash transactions r23- billion/day
Shameel Jusab, CEO of Vodakam Group, recently viewed the progress to load R20 million shares in the stock price. He sold stock at an average price of more than R120 for Vodakam. – © 2025 News Central Media
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