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Annual Results 2015

4 February 2016, 7:15 a.m. (2:00 p.m. teleconference)



Swisscom holding its ground in a challenging environment

In 2015, Swisscom’s net revenue fell by CHF 25 million or 0.2% year-on-year to CHF 11.678 million. Adjusted for company acquisitions and disposals and on the basis of constant exchange rates, revenue increased by CHF 83 million or 0.7%, Swisscom increased its adjusted operating income (EBITDA), but reported EBITDA was 7.1% or CHF 315 million lower at CHF 4,098 million as a result of non-recurring items.



Key ratios 1 January to 31 December 2015

 

2014

2015

Change (adjusted)

Net revenue (in CHF million)

11,703

11,678

-0.2%
(0.7)

Operating income before depreciation and amortisation, EBITDA (in CHF million)

4,413

4,098

-7.1%
(2.3)

Operating income EBIT (in CHF million)

2,322

2,012

-13.4%

Net income (in CHF million)

1,706

1,362

-20.2%

Swisscom TV access lines in Switzerland (as at 31 December in thousands)

1,165

1,331

14.2%

Mobile lines in Switzerland (as at 31 December in thousands)

6,540

6,625

1.3%

Revenue from bundled contracts (in CHF million)

1,921

2,234

16.3%

Broadband access lines Fastweb (as at 31 December, in thousands)

2,072

2,201

6.2%

Capital expenditure (in CHF million)

2,436

2,409

-1.1%

Of which capital expenditure Switzerland (in CHF million)

1,751

1,822

4.1%

Group employees (FTEs as at 31 December)

21,125

21,637

2.4%

Of which Switzerland (FTEs as at 31 December)

18,272

18,965

3.8%



Press release 4 February 2016, 07:15

“Currency effects and more intense competition with stronger price dynamic characterised our business in the last year”, said CEO Urs Schaeppi. “In view of the challenging environment in the ICT market, I am satisfied with the business performance. On a like-for-like basis, we achieved a slight increase in revenue as well as operating income (EBITDA). The expansion of the national infrastructure and new offerings to meet the needs of our customers will continue to call for high capital expenditure. Fastweb recorded positive customer growth in the Italian market of 6.2%. As a result of strong competition and price pressure, we set ourselves the goal of reducing our costs by over CHF 300 million by 2020.”