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Evening Standard
Evening Standard
Business
City Staff

UNBELIEVABLE: Ftse 100 live vodafone delivers robust update alphabet shares higher - Caught on Camera

Vodafone boss Nick Read today backed his growth strategy after the mobile phone giant delivered quarterly results in line with expectations.

Read is under increased scrutiny following a poor share price performance and this week's disclosure that activist investor Cevian Capital has built a stake in the group.

Vodafone's third quarter results showed revenues growth of 2.7%, up from 2.4% in the previous three months and a performance that Read said showed the “sustainability of our growth strategy and medium-term ambition”.

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