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VOD - Vodafone: Return On Investment Pivot Takes Shape
Vodafone Group Plc
Vodafone has returned to profit, but there are still uncertainties due to travel restrictions resulting from second and third waves of COVID in Europe.
Still, analysis using a performance indicator covering different operational regions helps to identify positives.
Also, despite facing tough competition, the European telecom play is taking measures to address its worst Return on Investment metrics.
This 6.2% dividend yielding telco is currently a buy, but market conditions remain volatile.