Swisscom: Q3 net profit up 7.2%
(CercleFinance.com) - Swisscom has reported Q3 revenues of 2,758 million Swiss francs, down 1.
3% y-o-y.
At the same time, EBITDA increased by 2.5% to 1,148 million Swiss francs.
Net profit was 430 million Swiss francs, up 7.2%, meaning EPS of 8.32 Swiss francs.
Swisscom continues to forecast net revenues of around 11 billion Swiss francs and EBITDA of around 4.3 billion Swiss francs for 2020. Swisscom intends to propose the payment of an unchanged dividend of 22 Swiss francs per share for FY 2020 at its 2021 AGM.
This morning, the share is up 3%, the biggest winner on the SMI index.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
3% y-o-y.
At the same time, EBITDA increased by 2.5% to 1,148 million Swiss francs.
Net profit was 430 million Swiss francs, up 7.2%, meaning EPS of 8.32 Swiss francs.
Swisscom continues to forecast net revenues of around 11 billion Swiss francs and EBITDA of around 4.3 billion Swiss francs for 2020. Swisscom intends to propose the payment of an unchanged dividend of 22 Swiss francs per share for FY 2020 at its 2021 AGM.
This morning, the share is up 3%, the biggest winner on the SMI index.
Copyright (c) 2020 CercleFinance.com. All rights reserved.