In Q3 17, revenues grew 1.4% to CHF2.9bn. The gross margin increased from 55.6% to 56.1%. EBIT increased by 1.3% to CHF563m and the EBIT margin remained stable at around 19.3%. Net income rose 5.1% to CHF429m. In the first nine months, revenues remained stable at CHF8.6bn and EBIT increased 4.4% to CHF1.76bn. The EBIT margin improved from 19.6% to 20.5%. Net income increased 6.3% to CHF1.27bn.
02 Nov 2017
Stable performance despite fierce price competition
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Stable performance despite fierce price competition
Swisscom AG (0QKI:LON) | 0 0 0.7% | Mkt Cap: 26,585m
- Published:
02 Nov 2017 -
Author:
Heinz Steffen -
Pages:
2
In Q3 17, revenues grew 1.4% to CHF2.9bn. The gross margin increased from 55.6% to 56.1%. EBIT increased by 1.3% to CHF563m and the EBIT margin remained stable at around 19.3%. Net income rose 5.1% to CHF429m. In the first nine months, revenues remained stable at CHF8.6bn and EBIT increased 4.4% to CHF1.76bn. The EBIT margin improved from 19.6% to 20.5%. Net income increased 6.3% to CHF1.27bn.