Safaricom's full-year earnings exceed guidance
In November the company guided that group EBIT would be between 94 billion and 100 billion Kenyan shillings.
Safaricom is partly owned by South Africa's Vodacom (VODJ.J), opens new tab and Britain's Vodafone (VOD.L), opens new tab.
It expanded into Ethiopia in 2022, betting that Africa's second most populous nation would power future growth. But despite strong customer growth, Safaricom has had a bumpy ride so far in Ethiopia due to security, inflation and currency challenges.
($1 = 129.0000 Kenyan shillings)
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