Vodafone has released its H1 results. In terms of service revenues, Q2 was quite as expected with organic growth at constant change of 2.4% yoy. This is a number rather similar to the 2.2% recorded in Q1, but was led by a further improvement in Europe by 1% (vs 0.3% in Q1) thanks to the good performances in Germany and Italy and still strong growth in AMAP (+7.1% vs +7.7% in Q1). As a reminder, the group has decided to move to euro reporting for the year ending 31 March 2017 and that forex ha ....