Sunrise Communications AG Class A ( (SNNRF) ) has released its Q4 earnings. Here is a breakdown of the information Sunrise Communications AG Class A presented to its investors.
Sunrise Communications AG is a prominent telecommunications company in Switzerland, known for its comprehensive fixed network access and world-class mobile network, offering mobile, landline, broadband, and TV services to both residential and business customers.
In its latest earnings report, Sunrise Communications AG announced solid financial results for 2024, achieving its financial targets and planning to increase cash flow and dividends for 2025. The company reported a net customer growth of 159,000 in mobile postpaid and 31,000 in Internet subscriptions, while maintaining strong customer loyalty.
Key financial metrics showed a slight revenue decrease of 0.6% year-over-year, while Adjusted EBITDAaL increased by 0.7%. The company also reported a 5.2% decrease in capital expenditures, contributing to a 2.8% growth in adjusted free cash flow. Sunrise proposed a dividend payment of approximately CHF 240 million for 2024, with an expected increase in dividends for 2025.
Sunrise’s strategic innovations, such as Device-as-a-Service offerings and partnerships with streaming services, have bolstered its commercial performance. The company also managed to reduce its net debt ratio to 4.4x Adjusted EBITDAaL by the end of 2024.
Looking ahead, Sunrise Communications AG has confirmed its guidance for 2025, anticipating stable revenue and low single-digit growth in Adjusted EBITDAaL, with a continued focus on reducing debt and increasing dividends, reflecting a progressive dividend policy.