Picture of Sunrise Communications logo

SUNN Sunrise Communications News Story

0.000.00%
ch flag iconLast trade - 00:00
TelecomsAdventurousLarge CapValue Trap

Swiss telco Sunrise posts steady 2024 profit aided by customer growth

Feb 28 (Reuters) - Swiss telecoms provider Sunrise Communications SUNN.S reported a small rise in its full-year core profit on Friday, supported by continued customer growth of mobile postpaid and internet subscriptions.

Its lease-adjusted earnings before interest, taxes, depreciation and amortisation (EBITDAaL) rose 0.7% to 1.03 billion Swiss francs ($1.15 billion) in 2024, just below analysts' average forecast of 1.04 billion in a company-provided poll.

($1 = 0.8991 Swiss francs)

 (Reporting by Elizaveta Gladun in Gdansk; Editing by Milla Nissi)

 ((elizaveta.gladun@thomsonreuters.com))

Recent news on Sunrise Communications

See all news