Swisscom reported solid Q2 18 results. Revenues increased by 2.1% to CHF2.92bn on lower profitability in comparison to last year with EBITA declining more strongly by 8.6% to €1.09bn. The EBITDA margin decreased from 41.5% to 37.2% in Q2 18 as profitability was very high in Q2 17 due to one-off effects, mainly related to Fastweb in Italy. The EBITDA margin was in fact up by 0.5ppt against Q1 18. Fixed telephone access lines in Switzerland declined 13.7% to 1.91m and mobile access lines i
16 Aug 2018
Quality orientation to counter competitive environment
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Quality orientation to counter competitive environment
Swisscom AG (0QKI:LON) | 0 0 0.7% | Mkt Cap: 26,585m
- Published:
16 Aug 2018 -
Author:
Klaus Berding -
Pages:
3
Swisscom reported solid Q2 18 results. Revenues increased by 2.1% to CHF2.92bn on lower profitability in comparison to last year with EBITA declining more strongly by 8.6% to €1.09bn. The EBITDA margin decreased from 41.5% to 37.2% in Q2 18 as profitability was very high in Q2 17 due to one-off effects, mainly related to Fastweb in Italy. The EBITDA margin was in fact up by 0.5ppt against Q1 18. Fixed telephone access lines in Switzerland declined 13.7% to 1.91m and mobile access lines i