Swisscom Revenue Falls 2.1% as Profit Rises; Updates 2026 Guidance
Swisscom reported nine-month revenue of 10.94 billion Swiss francs, down 2.1%, while profit increased to 1.01 billion francs. It now targets operating free cash flow above 2 billion francs and net debt-to-EBITDA below 2.3x, maintaining its revenue and EBITDA guidance.
For the first nine months of 2026, Swisscom experienced continued pressure in its telecommunications business, leading to a 2.1% decline in group revenue to 10.94 billion Swiss francs. Despite the revenue drop, the company reported an increase in profit to 1.01 billion Swiss francs, supported by price increases in Switzerland and synergies from the integration of Fastweb and Vodafone Italia. Swisscom updated its 2026 financial outlook, now targeting an operating free cash flow of over 2 billion Swiss francs and a net debt-to-EBITDA ratio of below 2.3x.
The company maintained its revenue guidance of 14.7 to 14.9 billion Swiss francs and EBITDA after leasing guidance of 5.0 to 5.1 billion Swiss francs. If these targets are met, the company intends to increase its dividend by 1 Swiss franc to 27 Swiss francs per share.