Menu

Outlook


In CHF million or in CHF bil­lion
 
2020
reported
  2021
outlook
previously 1,2
  2021
outlook
adjusted 2
         
Net revenue
Swisscom Group   CHF 11,100 mn   ~ CHF 11.3 bn   ~ CHF 11.3 bn
Swisscom w/o Fastweb           ~ CHF 8.6 bn
Fastweb           ~ EUR 2.4 bn
           
Operating income before depreciation and amortisation (EBITDA)
Swisscom Group   CHF 4,382 mn   CHF 4.3–4.4 bn   CHF 4.4–4.5 bn 3
Swisscom w/o Fastweb           CHF 3.5–3.6 bn
Fastweb           ~ EUR 0.8 bn
           
Capital expenditure
Swisscom Group   CHF 2,229 mn   CHF 2.2–2.3 bn   CHF 2.2–2.3 bn
Swisscom w/o Fastweb           ~ CHF 1.6 bn
Fastweb           ~ EUR 0.6 bn
1 Published on 29 april 2021.
2 Exchange rate CHF/EUR 1.10 (2020: CHF/EUR 1.07).
3 2021 outlook for EBITDA after lease expense CHF 4.1–4.2 bn.

The financial outlook for fiscal 2021 remains unchanged in terms of net revenue and capital expenditure. Swisscom expects net revenue of around CHF 11.3 bil­lion and capital expenditure of CHF 2.2 bil­lion to CHF 2.3 bil­lion. For EBITDA, the forecast is increased from between CHF 4.3 bil­lion and 4.4 bil­lion to CHF 4.4 bil­lion and CHF 4.5 bil­lion and takes into account the ongoing business performance as well as the non-recurring items on pension liabilities and on provisions recognised in the second quarter of 2021. If business develops as planned, Swisscom will propose to the 2022 Annual General Meeting that the dividend for the 2021 financial year remain unchanged at CHF 22 per share.