Swisscom AG (SCMN.SW) Thursday reported profit before tax of CHF 766 million for the first half, lower than CHF 1.024 billion in the same period a year ago.
Net income decreased to CHF 625 million or CHF 12.08 per share from CHF 836 million or CHF 16.14 per share last year.
Operating income declined to CHF 946 million from CHF 1.089 billion in the prior year.
Operating income before depreciation and amortisation after lease expense (EBITDAaL) fell by 5.5% to CHF 2.474 billion.
Revenue for the period grew 36.7% to CHF 7.446 billion from CHF 5.446 billion last year, while proforma revenue decreased 2.3% year-on-year.
For the full year, the company expects revenue to be in the range of CHF 15 billion - CHF 15.2 billion, and EBITDAaL to be nearly CHF 5 billion.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.