Trading statement for the interim results period ended 30 September 2026
Vodacom Group Limited
(Incorporated in the Republic of South Africa)
Registration number: 1993/005461/06
Share Code: VOD
ISIN: ZAE000132577
ADR code: VDMCY ISIN: US9258D2009
("Vodacom" or "the Group")
Trading statement for the interim results period ended 30 September 2026
Vodacom is finalising its interim results for the six-month period ended 30 September 2026
(FY1H27) and expects to report strong headline earnings per share (HEPS) growth. It is
anticipated that the interim results will be consistent with Vodacom’s medium-term growth
ambitions.
Given this context, and in terms of paragraph 6.26 of the JSE Limited Listings Requirements,
companies are required to publish a trading statement as soon as there is a reasonable degree
of certainty that the financial results for the period to be reported on will differ by at least
20% from those of the previous corresponding period.
Accordingly, shareholders are advised that Vodacom expects:
• Headline earnings per share (HEPS) for the interim results related to the six-month
period ended 30 September 2026 to increase by between 22% and 27% compared to
the HEPS of 467 cents reported for the prior corresponding period. This translates to
an HEPS range of 570 cents to 593 cents for the period.
• Earnings per share (EPS) for the interim results related to the six-month period ended
30 September 2026 to increase by between 272% and 279% compared to the EPS of
472 cents reported for the prior corresponding period. This translates to an EPS range
of 1 756 cents to 1 789 cents for the period. EPS in the current period was positively
impacted by a tax-neutral and non-recurring fair value gain of R23.2 billion or 1 199
cps arising on the remeasurement of a previously held associate interest in Safaricom.
The fair value gain did not impact headline earnings and it therefore did not impact
HEPS.
The financial information on which this trading statement is based has not been reviewed or
reported on by the Group’s external auditors.
The Group’s interim results for the period ended 30 September 2026 are expected to be
released on SENS on or about 10 November 2026.
Midrand
28 October 2026
Sponsor
Investec Bank Limited
Date: 28/10/2026 05:00:00
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