Vodafone has posted a 3.9% jump in total group revenue to €9.4bn in Q1, after the telecoms group completed its merger with Three in the quarter.

The company also grew its service revenue by 5.3% in Q1 to €7.9bn, with higher revenue from the consolidation of Three offset by foreign exchange movements.

VodafoneThree started operating on 1 June and is now fully consolidated in Vodafone’s results, the group confirmed.

Following the completion of its Three merger, Vodafone also reitereated its guidance for the FY26, with group adjusted earnings of €11.3bn to €11.6bn expected, as well as a group adjusted free cash flow between €2.4bn €2.6bn.

Vodafone chief executive, Margherita Della Valle, said: “We have had a good start to the year with strong revenue and EBITDAaL growth. Germany has started its improvement trajectory and our emerging markets are delivering strong broad-based growth. In the UK, we have completed the merger with Three and are moving quickly to combine our networks to benefit customers.

“Today, we reiterate our full year guidance of growth in profit and cash flow. After two years of transformation and change, Vodafone is now well positioned for multi-year growth across both Europe and Africa.”

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