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3.035 billion francs: Dawn with stable sales

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Sunrise expects a slightly higher result in 2024 than in the previous year. (archive image)

Sales remained unchanged at 3.035 billion francs (-0.2 percent), Switzerland’s second-largest telecom provider said on Friday. Adjusted operating profit before depreciation and amortization (EBITDA) by segment decreased by 2.0 percent to 1.031 billion francs. Adjusted EBITDA – additions to property, plant and equipment increased by 5.9 percent.

Sunrise experienced an upswing in the last quarter: sales rose 2.5 percent, while segment-adjusted operating profit EBITDA rose even 5.6 percent.

Sunrise expects a slightly higher result for the current year: Sunrise continued: A stable result is expected with largely stable sales, low single-digit growth for segment-adjusted EBITDA. (SDA)

Source :Blick

Tim

I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.

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Tim

I'm Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor's Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.

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3.035 billion francs: Dawn with stable sales

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