Friday preview: Italy set to drag down Vodafone

Friday's big corporate announcement is from Vodafone, which will give an update covering the first quarter of its financial year.

Friday's big corporate announcement is from Vodafone, which will give an update covering the first quarter of its financial year.

Broker Nomura is expecting organic growth of 0.7%, down from year-on-year growth of 2.3% in the preceding quarter. Stripping out the impact of an additional day in the reporting period because it is a leap year, the underlying decline is around 0.6%.

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