The company reported final 2015 results. Revenues remained flat at around CHF11.7bn (estimate: CHF11.8bn) but increased 0.7% adjusted for company acquisitions, disposals and exchange rates. The total number of mobile lines in Switzerland grew by 1.3% to 6.625m. Revenues of Fastweb increased 2.8% in EURO and EBITDA improved 11.8%. Broadband access lines Fastweb increased 6.2% to 2.2m. Despite volume growth, EBIT dropped 13.4% to CHF2bn (estimate: CHF2.4bn) and the EBIT margin declined from 19.
04 Feb 2016
Cost reduction programme too low
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Cost reduction programme too low
Swisscom AG (0QKI:LON) | 0 0 0.7% | Mkt Cap: 26,585m
- Published:
04 Feb 2016 -
Author:
Heinz Steffen -
Pages:
2
The company reported final 2015 results. Revenues remained flat at around CHF11.7bn (estimate: CHF11.8bn) but increased 0.7% adjusted for company acquisitions, disposals and exchange rates. The total number of mobile lines in Switzerland grew by 1.3% to 6.625m. Revenues of Fastweb increased 2.8% in EURO and EBITDA improved 11.8%. Broadband access lines Fastweb increased 6.2% to 2.2m. Despite volume growth, EBIT dropped 13.4% to CHF2bn (estimate: CHF2.4bn) and the EBIT margin declined from 19.