Financial Results

NFON has advanced with its reorganisation in Q1 2024, growing revenues by 2.2% to £21.2m.

Fifteen Group has broken through the £5m turnover mark for the first time in the year it celebrates its 18th birthday.

Vodafone UK’s total revenue increased by 0.2% to €6.8 billion as service revenue growth was offset by a decline in equipment revenue.

Openreach’s FTTP build rate accelerated to one million premises passed in Q4, up from 950,000 in the last quarter, spurred by a record 78k homes passed per week

Maintel’s revenues grew to £101.3m during 2023, an 11.3% increase, with recurring revenue of £75.0m, at 74% of total revenue.

Softcat achieved double-digit growth in first-half gross profit, rising 11% to £196.5m, despite a 8.8% fall in revenue, to £467.2m.

Gamma saw its group revenues and gross profit grow by 8% to £521.7m and £267.2m respectively for the year ended 31st December.

NFON improved its adjusted EBITDA by more €9m year-on-year in financial year 2023 to to €8.4m million.