Swisscom: confirms full-year targets for 2024

(CercleFinance.com) - Group sales remained fairly similar in H1 2024, at 5454m CHF.
At constant exchange rates, sales were up 0.8%. In the core Swiss business, sales fell by -1.4% to 3,988m CHF.

Consolidated EBITDA was down 1% on the previous year at 2,279m CHF. Excluding exceptional effects and at constant exchange rates, the decline amounted to 1.1%.

H1 2024 Net income amounted to 836m CHF, down -1.4% on H1 2023 (848m CHF).

For FY 2024, Swisscom expects sales of around 11bn CHF, EBITDA of 4.5bn-4.6bn CHF and capex of around 2.3bn CHF.


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