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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Vodafone Group Plc    VOD   GB00BH4HKS39

VODAFONE GROUP PLC

(VOD)
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Vodafone : Government to study Vodafone arbitration case award

09/25/2020 | 10:06am EST
The spread of the coronavirus disease (COVID-19), in Cairo

India's government said on Friday that it will study an international arbitration tribunal's ruling in favour of Vodafone Group Plc, ending one of the most high-profile disputes in the country involving a $2 billion tax claim.

An international arbitration tribunal in The Hague ruled that India's imposition of a tax liability on Vodafone, as well as interest and penalties, were in a breach of an investment treaty agreement between India and the Netherlands.

It also directed India to pay 4.3 million pounds ($5.47 million) to the company as compensation for its legal costs.

"The government will be studying the award and all its aspects carefully in consultation with our counsels," India's finance ministry said in a statement, adding that it will consider all options, including legal remedies.

(Reporting by Chandini Monnappa in Bengaluru; Writing by Devjyot Ghoshal; editing by Louise Heavens)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
VODAFONE GROUP PLC -0.34% 125.26 Delayed Quote.-14.53%
VODAFONE IDEA LIMITED -1.50% 9.9 Delayed Quote.62.60%
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Financials
Sales 2021 43 148 M 52 032 M 52 032 M
Net income 2021 2 157 M 2 601 M 2 601 M
Net Debt 2021 42 841 M 51 662 M 51 662 M
P/E ratio 2021 18,7x
Yield 2021 6,44%
Capitalization 37 417 M 45 200 M 45 122 M
EV / Sales 2021 1,86x
EV / Sales 2022 1,79x
Nbr of Employees 105 263
Free-Float 92,7%
Chart VODAFONE GROUP PLC
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Vodafone Group Plc Technical Analysis Chart | VOD | GB00BH4HKS39 | MarketScreener
Technical analysis trends VODAFONE GROUP PLC
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TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 1,90 €
Last Close Price 1,39 €
Spread / Highest target 83,8%
Spread / Average Target 36,2%
Spread / Lowest Target -26,8%
EPS Revisions
Managers
NameTitle
Nicholas Jonathan Read Group Chief Executive Officer & Executive Director
Jean-François M. L. van Boxmeer Chairman
Margherita Della Valle Group Chief Financial Officer & Director
Pierre Klotz Finance Director
Johan Wibergh Group Chief Technology Officer
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