27 July 2026 | 7:49AM BST Equity Research Vodafone (VOD.L): Modest 1Q27 beat and Africa-driven raise likely to reassure while limited Europe growth continues Vodafone's 1Q27 results brought a modest beat, with Group underlying guidance upgraded to reflect an improved outlook in Africa. We would expect the shares to be up modestly today reflecting: 1) a Europe-driven beat in the quarter but which is mainly due to easier comps and lumpy revenues in Germany; 2) Group guidance driven by Africa which is only par ...