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Swisscom Q1 revenue up 2.9%, customer base grows

Wednesday 6 May 2015 | 10:46 CET | News
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Swisscom reported growth in revenue and customers in the first quarter of 2015. Net revenue increased by CHF 72 million (2.6%) year-on-year to CHF 2.893 billion. Revenue increased by CHF 83 million (2.9%), of which CHF 46 million was attributable to the Swiss business. EBITDA declined by 0.9 percent (CHF 10 mln) to CHF 1.051 billion. Net income fell by CHF 22 million (5.9%) to CHF 351 million as a result of lower operating income and higher net financial expenses, which was largely attributable to foreign exchange losses. For 2015, Swisscom expects net revenue of more than CHF 11.4 billion,

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Categories: Broadcast & Satellite / Fixed / Mobile & Wireless
Companies: Swisscom
Countries: Switzerland
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