• Q1 2022

    Interim Report January to March

28 April 2022 07:15

Strong performance in a challenging environment

+++ Marginal decline in group revenue +++
+++ Increase in income (EBITDA) +++
+++ Good business performance and strong positioning +++
+++ Business customers: growth in solutions business +++
+++ Fastweb: growth in revenue, EBITDA and customers +++
+++ Marginal increase in net income excluding non-recurring items +++
+++ High network investment, challenges to expansion +++

Report

Presentation

Facts & figures

Consensus

CEO Urs Schaeppi

Swisscom delivered encouraging performance in the first quarter of 2022. Our products, service and infrastructure are successful and strongly positioned in a highly competitive environment. Our network once again received several awards. Since February, all of our subscriptions have been climate neutral. The network expansion remains a challenge with ongoing proceedings delaying the expansion of both the fibre-optic and 5G networks. Performance of our Italian subsidiary Fastweb S.p.A. has been impressive with higher revenue, customer growth and good operating income. We continue to expect to see robust business performance for the year as whole.

“After a positive start, we remain strongly positioned and thus expect robust performance.”