Swiss telco Sunrise meets Q2 core profit expectations, confirms outlook
Swiss telco Sunrise meets Q2 core profit expectations, confirms outlook Aug 19 (Reuters) - 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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