WORBLAUFEN (dpa-AFX) - Swisscom AG (SCMWY.PK, SWZCF.PK, SCMN.SW), a major telecom company in Switzerland, on Wednesday posted a rise in net income for the first half. In addition, the Group has reaffirmed its annual outlook.
For the six-month period to June 30, the company reported net income of CHF 625 million, or CHF 12.92 per share, compared with CHF 579 million, or CHF 12.08 per share in the same period last year.
Operating income was CHF 1 billion as against the prior year's CHF 946 million. Operating income before depreciation and amortization moved up to CHF 3.353 billion from CHF 3.290 billion in the previous year.
Direct costs moved down to CHF 1.737 billion from last year's CHF 1.911 billion. Personnel expense was CHF 1.507 billion, compared with CHF 1.548 billion a year ago. Other operating expenses stood at CHF 1.053 billion as against the prior year's CHF 1.140 billion.
Revenue was CHF 7.221 billion, down from CHF 7.446 billion a year ago, hurt by negative foreign exchange impact.
Looking ahead, for fiscal 2026, the telecom company still expects EBITDA after lease expense of CHF 5 billion to CHF 5.1 billion, with revenue of CHF 14.7 billion to CHF 14.9 billion and capital expenditure of CHF 3 billion to CHF 3.1 billion.
For fiscal 2025, the Group posted EBITDA after lease expense of CHF 4.984 billion, with revenue of CHF 15.048 billion and capital expenditure of CHF 3.064 billion.
For fiscal 2026, Swisscom plans to increase the dividend to CHF 27 per share from CHF 26 per share.
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