Swisscom's first-quarter earnings beat market estimate
07/05/2026 06:25
May 7 (Reuters) - Telecom group Swisscom SCMN.S reported higher quarterly core profit on Thursday, boosted by strong sales in its Swiss market. Swisscom's group core profit after lease expenses (EBITDAaL) rose 0.8% to 1.288 billion Swiss francs ($1.65 billion), surpassing company-compiled consensus of 1.257 billion francs. The company also affirmed its 2026 outlook. ($1 = 0.7788 Swiss francs) (Reporting by Cian Muenster; Editing by Sherry Jacob-Phillips) ((Cian.muenster@thomsonreuters.com))
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