Technology

Revenues near €1bn mark at Vodafone Ireland

Company comes within touching distance of €1bn milestone as adjusted ebitda totals €149m

Pre-tax losses edged lower, falling to €28.3 million from €29.8 million a year earlier

Turnover at Vodafone Ireland rose to nearly €1 billion in the 12 months to the end of March with the company forecasting continued growth across all of the core areas in which it operates.

Newly filed accounts show the firm reported a 4.8 per cent increase in revenues to €981.1 million last year, up €44.6 million or 4.8 per cent on 2021. It attributed the rise in sales to increased mobile and fixed line revenues.