Mobilezone H1 revenue rises on e-commerce, MVNO growth
Mobilezone H1 revenue rises on e-commerce, MVNO growth
Overview
Switzerland telecom retailer's H1 net revenue rose 4.2% yr/yr to CHF 127.2 mln
Adjusted EBITDA reached CHF 19.6 mln, a new half-year record
Company completed Apfelkiste acquisition, strengthening e-commerce and recurring revenue
Outlook
Mobilezone confirms 2026 EBITDA guidance of CHF 50–57 mln
Company raises 2026 MVNO postpaid subscription target to 260,000 from 250,000
Mobilezone confirms medium-term 2028 EBITDA ambition of CHF 70 mln
Result Drivers
MVNO GROWTH - Co said higher postpaid subscriptions and MVNO net sales drove gross profit and recurring revenue
APFELKISTE ACQUISITION - Initial contribution from Apfelkiste acquisition supported e-commerce and recurring revenue, though impact was modest in H1
REFURBISHED DEVICES - Refurbished device sales rose nearly 20%, reflecting demand for certified second-life products
Company press release: ID:nEQ9LmPDYa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Net Debt |
| CHF 148 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the integrated telecommunications services peer group is "buy."
Wall Street's median 12-month price target for mobilezone holding ag is CHF9.48, about 30.7% below its August 13 closing price of CHF13.68
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 16 three months ago
Reuters Recommended Reads
Aug 13 - Germany's Ecotel H1 revenue rises, confirms outlook
Aug 13 - Germany's NFON cuts 2026 outlook amid cautious customer spending; prelim H1 revenue falls
Aug 13 - Singapore's TeleChoice H1 profit nearly doubles on growth in PCS division
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)