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Swiss telco Sunrise meets Q2 core profit expectations, confirms outlook

Swiss telco Sunrise meets Q2 core profit expectations, confirms outlook

- Sunrise Communications SUNN.S, Switzerland's second-largest telecoms operator, reported second-quarter adjusted core earnings in line with analyst expectations and reaffirmed its annual guidance on Wednesday.

Quarterly lease-adjusted earnings before interest, taxes, depreciation and amortisation, or EBITDAaL, came in at 244.4 million Swiss francs ($301.4 million), compared with 244 million francs expected by analysts in a company-compiled consensus.

($1 = 0.8109 Swiss francs)


(Reporting by Basile Day and Kira Britten in Gdansk, editing by Milla Nissi-Prussak)

((Kira.Britten@thomsonreuters.com; Basile.Day@thomsonreuters.com))

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