Swisscom drops on 'weak' Q1 results

Swisscom AG

08/05/2025 09:23

** Swisscom SCMN.S falls 2.6% on what ING bank calls 'weak' Q1 results ahead of the Vodafone Italia integration

** The Swiss telecoms group's Q1 EBITDAaL was down 6.6% on a pro forma basis, while revenue was 1.2% lower

** ING notes weak domestic performance and profitability decline in highly competitive Italian telecom market

** The stock is at the bottom of the Swiss blue-chip index .SSMI

 (Reporting by Anastasiia Kozlova)

 ((Anastasiia.Kozlova@thomsonreuters.com))