Swisscom 2022 net profit falls 12.5%

Swisscom on Thursday reported full-year net income of 1.6 billion Swiss francs, down 12.5% from a year earlier, as the former state telecoms monopoly faced pressures from rising inflation and supply chain bottlenecks.

Operating income before depreciation and amortisation fell 1.6% to 4.406 billion francs, it said, forecasting rise in that measure to between 4.6–4.7 billion francs in 2023.

Revenues were 11.1 billion francs, down 0.6%, it said, forecasting a result between 11.1 and 11.2 billion francs this year.

It announced a dividend of 22 francs per share, unchanged from the previous year.

The headline figures in what the company said had been a challenging year beat consensus forecasts it had compiled, and matched those mistakenly posted on its website for several hours on Friday. The premature release prompted an internal investigation. Nasdaq