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Swisscom trims FY revenue outlook as Q2 sales fall 3%

2020-08-13 11:05:00| Telecompaper Headlines

(Telecompaper) Swisscom said its net revenues decreased by 3.3 percent in Q2 to CHF 2.02 billion. The Covid-19 pandemic led to a reduction in customer travel, resulting in lower roaming revenues of CHF 41 million, it said. EBITDA after lease expenses fell by 2.2 percent to CHF 833 million, while operating cash flow jumped by 68.9 percent to CHF 424 million.

Tags: sales fall revenue outlook

Category:Telecommunications

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