An as expected but quite correct Q4 release for Vodafone: revenues were up by 2.5% yoy organically and at constant change (as in the three previous quarters) to £10.28bn with continued strong growth in AMAP (+8.1%), further evidence of stabilisation in Europe (+0.5%, ow a good +1.3% in Italy but a still poor -3.2% in Spain). The H2 EBITDA grew by 3.6%, faster than in the first half of the year, reflecting better revenue performance and continued good cost control, including greater than
