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STORY: Vodafone reported a 2.2% rise in organic earnings for 2024 on Tuesday (May 14).

The British firm hit market forecasts after it returned to top-line growth in the final quarter.

It posted core earnings of $11.89 billion for the year ending March, in line with forecasts.

Vodafone was helped by gains in Britain and its largest market Germany.

Chief Executive Margherita Della Valle said Vodafone was delivering growth in all of its markets across Africa and Europe.

The results come after her decision to sell its struggling operations in Spain and Italy.

Della Valle has also made a big move in announcing 11,000 job cuts since permanently taking the job last year.

Vodafone said it expected core earnings to be broadly flat this year.

While free cash flow would be close to $2.6 billion, slightly ahead of forecasts.

Shares in Vodafone have fallen 22% in the last 12 months, but rose 3.5% Tuesday.