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Sunrise Communications Group AG (SRCG.S)

SRCG.S on Swiss Exchange

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Latest Key Developments (Source: Significant Developments)

Sunrise Communications Group Q1 Net Income At CHF 17 Mln
Thursday, 3 May 2018 

May 3 (Reuters) - SUNRISE COMMUNICATIONS GROUP AG ::SAYS REVENUE INCREASE OF +6.4% (INCL. IFRS 15: +6.3%) IN Q1, DRIVEN BY HARDWARE REVENUE.Q1 TOTAL REVENUE INCREASED BY +6.4% (INCL. IFRS 15 +6.3%) YOY TO CHF 459M.Q1 GROSS PROFIT ROSE BY +2.9% (INCL. IFRS 15 +2.4%) YOY TO CHF 295M.2018 GUIDANCE REITERATED.SUNRISE EXPECTS TO PROPOSE A DIVIDEND IN RANGE OF CHF 4.15-4.25 PER SHARE FOR FY'18.Q1 ADJUSTED EBITDA FELL -3.5% (INCL. IFRS 15 -1.9%) TO CHF 138M.Q1 NET INCOME SLIGHTLY IMPROVED TO CHF 17M.  Full Article

Sunrise Communications Group confirms 2017 outlook‍​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - SUNRISE COMMUNICATIONS GROUP AG ::OUTLOOK 2017: GUIDANCE REITERATED ‍​.REVENUE DECLINE OF -1.2% (INCL. MTR: -3.7%) TO CHF 460M IN Q3‍​.GROSS PROFIT FLAT AT CHF 306M IN Q3.ADJUSTED. EBITDA DOWN -2.5% TO CHF 158M IN Q3.EXPECTS TO PROPOSE A DIVIDEND IN THE RANGE OF CHF 3.90-4.10 PER SHARE FOR FY’17.  Full Article

Sunrise says renews partnership with Huawei
Thursday, 29 Sep 2016 

Sunrise Communications Group AG :Sunrise and Huawei Technologies Switzerland have renewed partnership to continuously improve network with latest technologies and to strengthen customer experience going forward.  Full Article

Sunrise Communications Group Q2 revenue down 3.2 pct at CHF 472 mln
Thursday, 25 Aug 2016 

Sunrise Communications Group AG : Revenue decrease of 3.2 percent YOY from 488 million Swiss francs to 472 million Swiss francs ($488.31 million) in Q2’16 . Adjusted EBITDA down 3.3 percent YOY from 155 million francs to 150 million francs in Q2’16 supported by cost focus . Increase of net income (adjusted. for IPO/refinancing costs) YOY from 2 million francs to 17 million francs in H1’16, while slightly down in Q2’16 standalone . Reiterates its financial guidance provided in March 2016 . Revenues are expected to be in the range of 1,890 million francs to 1,930 million francs in 2016 . Adjusted EBITDA is expected to be between 600 million francs and 620 million francs .Expects to propose a dividend to the agm for the financial year 2016 in the range of 3.24 francs and 3.36 francs per share.  Full Article

BRIEF-Sunrise Communications Group Q1 Net Income At CHF 17 Mln

* SAYS REVENUE INCREASE OF +6.4% (INCL. IFRS 15: +6.3%) IN Q1, DRIVEN BY HARDWARE REVENUE