Sunrise Communications AG Class A ( (SNNRF) ) has released its Q1 earnings. Here is a breakdown of the information Sunrise Communications AG Class A presented to its investors.
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Sunrise Communications AG Class A is a telecommunications company operating in Switzerland, providing mobile, broadband, TV, and fixed-line telephony services. The company has recently transitioned to an independent publicly owned entity following a spin-off from Liberty Global.
In its latest earnings report for Q1 2025, Sunrise Communications reported a decline in revenue to CHF 722.1 million from CHF 746.8 million in the same period last year. The company also recorded a net loss of CHF 1.3 million, a significant improvement from the CHF 127.2 million loss in Q1 2024.
Key financial highlights include a decrease in residential customer revenue by 4.9%, primarily due to lower ARPU and customer migration from the UPC platform to the Sunrise brand. Business customer and wholesale revenue saw a slight increase of 0.8%, driven by higher mobile subscription revenues. Despite the revenue decline, the company managed to reduce its financial expenses significantly, contributing to a narrower net loss.
Looking forward, Sunrise Communications aims to stabilize and grow its residential segment revenues by addressing integration challenges and enhancing its service offerings. The company is also focused on expanding its market share in business services by leveraging synergies with residential subscribers and enhancing its value-added services portfolio.