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SCMWY Trims View Post Vodafone Italia Buyout: Will it Affect Stock?
SCMWYSwisscom(SCMWY) ZACKS·2025-01-04 03:40

Swisscom (SCMWY) has revised its full-year earnings outlook for 2024, following the acquisition of the telecom company Vodafone Italia. The revision is attributed to costs of up to €200 million ($207.20 million) that will be reflected in Swisscom's 2024 financial results. However, the company emphasized that this would have no impact on its free cash flow. The Swiss telecommunications company has lowered its expected EBITDA to CHF 4.3-4.4 billion from the earlier estimate of CHF 4.5-4.6 billion. Additionall ...