Q1 FY25 Trading Update
"Our performance in the first quarter is consistent with our full year guidance, which we reiterate today,"
- Margherita Della Valle
Group service revenue growth (%)
Annual Report
We continued to use a simplified digital approach to our reporting, reflecting how we operate as a business.
Share and dividend performance
Following the right-sizing of the portfolio, the Board has determined to adopt a new rebased dividend from FY25 onwards. The Board is targeting a dividend of 4.5c per share for FY25, with an ambition to grow it over time. The new dividend has been set at a sustainable level, which ensures appropriate cash flow cover and sufficient flexibility to invest in the business for growth.
Key performance indicators
We measure our success by tracking key performance indicators that reflect our strategic, operational and financial progress and performance.
€29.9bn
Service revenue
All segments grew in FY24.
€11.0bn
Adjusted EBITDAaL
Grew on a like-for-like basis in FY24
7.5%
Return on capital employed (ROCE)
Higher pre-tax ROCE under the new footprint
Share and dividend
Analyst coverage