| Final Ranking | pts | won | drw | lst | gf | ga | g+- | | 1. |  Hungary | 12 | 6 | 0 | 0 | 35: | 3 | +32 | | 2. |  Germany | 10 | 5 | 0 | 1 | 23: | 8 | +15 | | 3. |  Netherlands | 6 | 2 | 2 | 2 | 17: | 22 | -5 | | 4. |  Belgium | 5 | 2 | 1 | 3 | 17: | 19 | -2 | | 5. |  Italy | 5 | 2 | 1 | 3 | 11: | 22 | -11 | | 6. |  France | 4 | 1 | 2 | 3 | 12: | 17 | -5 | | 7. |  Great Britain | 0 | 0 | 0 | 6 | 10: | 34 | -24 |
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| Team | Hung | Germ | Neth | Belg | Ital | Fran | GrBr | | Hungary | --- | 2:0 | 7:1 | 4:1 | 9:0 | 5:0 | 8:1 | | Germany | | --- | 3:2 | 5:1 | 4:0 | 5:3 | 6:0 | | Netherlands | | | --- | 4:4 | 4:3 | 2:2 | 4:3 | | Belgium | | | | --- | | 3:2 | 7:2 | | Italy | | | | 2:1 | --- | 1:1 | 5:3 | | France | | | | | | --- | 4:1 | | Great Britain | | | | | | | --- |
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| Matches played at Empire Wembley Swimming Pool. |
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| date | team 1 | score | team 2 | HT | | Sat 06.08.38 |  Netherlands | 4-4 |  Belgium | 3-3 | | 1T: 0-1 Casteleynes 1-1 Den Hamer 1-2 Issele 2-2 Van Aelst 2-3 Casteleyns 3-3 Van Aelst 2T: 3-4 Depauw 4-4 Van Rotselaar | | Sat 06.08.38 |  Hungary | 9-0 |  Italy | 4-0 | | 1T: 1-0 Brandy 2-0 Halasy 3-0 ? 4-0 Kisleghi 2T: 5-0 Brandy 6-0 Brandy 7-0 Kisleghy 8-0 Kandsy 9-0 Kisleghy | | Sat 06.08.38 |  Germany | 6-0 |  Great Britain | 4-0 |
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| date | team 1 | score | team 2 | HT | | Mon 08.08.38 | Germany | 5-1 | Belgium | 2-0 | | 1T: 1-0 Schulze 2-0 Schneider 2T: 3-0 Schneider 3-1 Issele 4-1 Schneider 5-1 Shneider Referee: Simko. | | Mon 08.08.38 | Hungary | 7-1 | Netherlands | 1-1 | | Mon 08.08.38 |  France | 4-1 | Great Britain | 1-0 |
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| Ranking | p | goals | m | | 1. Hungary | 4 | 16:1 | 2 | | 2. Germany | 4 | 11:1 | 2 | | 3. France | 2 | 4:1 | 1 | | 4. Belgium | 1 | 5:9 | 2 | | 5. Netherlands | 1 | 5:11 | 2 | | 6. Italy | 0 | 0:9 | 1 | | 7. Great Britain | 0 | 1:10 | 2 |
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| date | team 1 | score | team 2 | HT | | Tue 09.08.38 | Italy | 1-1 | France | 1-0 | | Tue 09.08.38 | Belgium | 7-2 | Great Britain | 3-0 | | Tue 09.08.38 | Germany | 3-2 | Netherlands | 3-2 |
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| Ranking | p | goals | m | | 1. Germany | 6 | 14:3 | 3 | | 2. Hungary | 4 | 16:1 | 2 | | 3. France | 3 | 5:2 | 2 | | 4. Belgium | 3 | 12:11 | 3 | | 5. Italy | 1 | 1:10 | 2 | | 6. Netherlands | 1 | 7:14 | 3 | | 7. Great Britain | 0 | 3:17 | 3 |
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| date | team 1 | score | team 2 | HT | | Wed 10.08.38 | Germany | 4-0 | Italy | | | Wed 10.08.38 | Hungary | 5-0 | France | 2-0 | | 1T: 1-0 Brandy 2:24 2-0 Nemeth 2:42 2T: 3-0 Halasy 3:17 4-0 Nemeth 4:40 5-0 Brandy 5:42 | | Wed 10.08.38 | Netherlands | 4-3 | Great Britain | | | also reported 5-3. |
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| Ranking | p | goals | m | | 1. Germany | 8 | 18:3 | 4 | | 2. Hungary | 6 | 21:1 | 3 | | 3. Belgium | 3 | 12:11 | 3 | | 4. France | 3 | 5:7 | 3 | | 5. Netherlands | 3 | 11:17 | 4 | | 6. Italy | 1 | 1:14 | 3 | | 7. Great Britain | 0 | 6:21 | 4 |
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| date | team 1 | score | team 2 | HT | | Thu 11.08.38 | Hungary | 2-0 | Germany | 1-0 | | 1T: 1-0 Kanasy 2:27 2T: 2-0 Brandy 1:31 | | Thu 11.08.38 | Italy | 5-3 | Great Britain | 3-2 | | 1T: 1-0 Pandolfini 1-1 Sutton 2-1 Pandolfini 3-1 Goggioli 3-2 Sutton 2T: 4-2 Goggioli 5-2 PAndolfini 5-3 Sutton | | Thu 11.08.38 | Belgium | 3-2 | France | 2-1 | | 1T: 1-0 Depauw 1-1 Vandecastelec 2-1 Coppieters 2T: 3-1 Issele 3-2 Dewasch Referee: Hoffmann, Germany. |
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| Ranking | p | goals | m | | 1. Hungary | 8 | 23:1 | 4 | | 2. Germany | 8 | 18:5 | 5 | | 3. Belgium | 5 | 15:13 | 4 | | 4. France | 3 | 7:10 | 4 | | 5. Netherlands | 3 | 11:17 | 4 | | 6. Italy | 3 | 6:17 | 4 | | 7. Great Britain | 0 | 9:26 | 5 |
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| date | team 1 | score | team 2 | HT | | Fri 12.08.38 | Netherlands | 4-3 | Italy | 1-1 | | Last minute winner. | | Fri 12.08.38 | Germany | 5-3 | France | 3-3 | | 1T: 0-3 ; 3-3 | | Fri 12.08.38 | Hungary | 4-1 | Belgium | 2-1 | | 1T: 0-1 Issele 1-1 Nemeth 2-1 Nemeth 2T: 3-1 Bozis 4-1 Bozsi |
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| Ranking | p | goals | m | | 1. Hungary | 10 | 27:1 | 6 | | 2. Germany | 10 | 23:8 | 6 | | 3. Belgium | 5 | 16:17 | 5 | | 4. Netherlands | 5 | 15:20 | 5 | | 5. France | 3 | 10:15 | 5 | | 6. Italy | 3 | 9:21 | 5 | | 7. Great Britain | 0 | 9:26 | 5 |
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| date | team 1 | score | team 2 | HT | | Sat 13.08.38 | Italy | 2-1 | Belgium | 2-0 | | 1T: 1-0 Pandolfini 2-0 Ognio 2T: 2-1 Issele | | Sat 13.08.38 | Netherlands | 2-2 | France | | | Sat 13.08.38 | Hungary | 8-1 | Great Britain | |
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| Hungary | | Ferenc Mezei-Wesner (gk) | | Jozsef Tolnay | | Miklos Sarkany | | Oliver Halassy | | Minaly Bozsi | | Janos Nemeth | | Jeno Brandi | | Istvan Molnar | | Gyula Kanasy | | Kalman Kislegi | | Istvan Mezei |
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| 2. Germany | | Wenninger | | Havlik | | Bayer | | Strauss | | Gunst | | Kienzle | | Schneider | | Schulze | | Hauser |
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| 3. Netherlands | | Peaal | | Den Hamer | | Stam | | Van Overhagen | | Kes van Aelst | | Hans Maier | | Van Rotselaar | | Rookse |
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| 4. Belgium | | Brodkom | | Decombe | | Stoele | | Fernan Issele | | Castely | | Blitz | | Depauw |
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| 5. Italy | | Pasquale Buonocore | | Luigi Fabiano | | Emilio Bulgarelli | | Pino Valle | | Mario Majoni | | Giordano Goggioli | | Geminio Ognio | | Tullo Pandolfini | | Gigi Raspini | | Paolo Costoli | | Coach: Pascuale Lanzi |
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| 6. France | | Georges Delporte | | Francois Debonne | | Maurice Lefevre | | Henri Padou | | Marco Diner | | Vandecastellee | | Andre Busch | | Emile Bermyn | | Roger van de Castelle | | Roger Dewasch |
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| 7. Great Britain | | David McGregor | | Sutton |
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