Sunrise Communications AG Earnings Call Transcripts
Fiscal Year 2026
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Q1 saw 2.5% year-over-year revenue growth, stable EBITDA, and strong B2B momentum, with a general price increase set for August and full-year guidance reiterated. Sunrise Rewards and a Phoeniqs partnership were launched, and a 7% headcount reduction was executed.
Fiscal Year 2025
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2025 results met all guidance, with revenue down 1.1% but EBITDA up 0.9% and free cash flow at CHF 380 million. Dividend rises 2.7%, and 2026 guidance is for stable revenue, CHF 1 billion EBITDA, and CHF 400 million free cash flow.
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Q3 saw 20,000 postpaid mobile net adds and 2.4% EBITDA growth, offsetting a 1.1% revenue decline from Fixed. New product launches and the CHmobile brand expanded market coverage. 2025 guidance and midterm free cash flow outlook were reaffirmed.
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Q2 saw sequential revenue improvement and 1.9% adjusted EBITDA growth, driven by price increases, B2B momentum, and cost optimizations. Full-year guidance is reaffirmed, with a 2.7% dividend increase expected, despite ongoing market liquidity challenges and reduced roaming revenues.
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Q1 2025 delivered customer growth and new product launches, with revenue down 3.3% year-over-year but EBITDA up 0.4%. Full-year guidance and dividend growth were confirmed, and the 5G Standalone rollout reached 99.5% coverage. ADS delisting is set for August 2025.
Fiscal Year 2024
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Delivered on all 2024 guidance with stable revenue, EBITDA growth, and strong customer additions. ARPU declined due to mix and migration, but B2B and network performance remained robust. 2025 outlook reconfirms stable growth, higher dividend, and continued deleveraging.