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Sunrise Communications Group AG (SRCG.S)

SRCG.S on Swiss Exchange

90.10CHF
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Sunrise Communications Group confirms 2017 outlook‍​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - SUNRISE COMMUNICATIONS GROUP AG ::OUTLOOK 2017: GUIDANCE REITERATED ‍​.REVENUE DECLINE OF -1.2% (INCL. MTR: -3.7%) TO CHF 460M IN Q3‍​.GROSS PROFIT FLAT AT CHF 306M IN Q3.ADJUSTED. EBITDA DOWN -2.5% TO CHF 158M IN Q3.EXPECTS TO PROPOSE A DIVIDEND IN THE RANGE OF CHF 3.90-4.10 PER SHARE FOR FY’17.  Full Article

Sunrise says renews partnership with Huawei
Thursday, 29 Sep 2016 

Sunrise Communications Group AG :Sunrise and Huawei Technologies Switzerland have renewed partnership to continuously improve network with latest technologies and to strengthen customer experience going forward.  Full Article

Sunrise Communications Group Q2 revenue down 3.2 pct at CHF 472 mln
Thursday, 25 Aug 2016 

Sunrise Communications Group AG : Revenue decrease of 3.2 percent YOY from 488 million Swiss francs to 472 million Swiss francs ($488.31 million) in Q2’16 . Adjusted EBITDA down 3.3 percent YOY from 155 million francs to 150 million francs in Q2’16 supported by cost focus . Increase of net income (adjusted. for IPO/refinancing costs) YOY from 2 million francs to 17 million francs in H1’16, while slightly down in Q2’16 standalone . Reiterates its financial guidance provided in March 2016 . Revenues are expected to be in the range of 1,890 million francs to 1,930 million francs in 2016 . Adjusted EBITDA is expected to be between 600 million francs and 620 million francs .Expects to propose a dividend to the agm for the financial year 2016 in the range of 3.24 francs and 3.36 francs per share.  Full Article

Orange says poised to aquire Moldova cable operator Sun Communications
Wednesday, 29 Jun 2016 

Orange Sa : Says poised to aquire Moldova cable operator Sun Communications . Price not disclosed Further company coverage: [ORAN.PA] (Reporting y Paris Newsroom) ((paris.equities@thomsonreuters.com;)).  Full Article

Sunrise Communications Q1 revenue down at CHF 446 mln
Thursday, 12 May 2016 

Sunrise Communications Group AG : Q1 net income of 7 million Swiss francs ($7.21 million)(174 million francs yoy) . Q1 revenue decrease of 8.8 pct yoy to 446 million Swiss francs . Q1 adjusted EBITDA up 1.6 pct yoy to 140 million Swiss francs with 270 BPS margin improvement . 2016 guidance reiterated .Expects to propose a dividend to the AGM for the financial year 2016 in the range of 3.24 Swiss francs and 3.36 Swiss francs per share.  Full Article

Sunrise Communications Group AG says Peter Kurer elected chairman
Friday, 15 Apr 2016 

Sunrise Communications Group AG:Peter Kurer elected as new chairman of board of directors of Sunrise Communications Group.  Full Article

Sunrise Communications Group AG: Freenet acquires 23.8 pct shareholding in Sunrise
Friday, 18 Mar 2016 

Sunrise Communications Group AG:Notes Freenet AG’s acquisition of 23.8 pct shareholding (about 10.7 million shares) in Sunrise from funds advised by CVC Capital Partners ‍​.  Full Article

Sunrise Communications Group announces change of CEO, proposes new chairman of board
Thursday, 10 Mar 2016 

Sunrise Communications Group AG:‍On May 9, current CEO Libor Voncina will hand over to Olaf Swantee as new CEO of Sunrise​.Proposes that general meeting of shareholders elect Peter Kurer as chairman of board of directors​.  Full Article

Sunrise Communications Group gives FY 2016 earnings and dividend outloook, proposes FY 2015 dividend
Thursday, 10 Mar 2016 

Sunrise Communications Group AG:Proposed dividend of 3 Swiss francs per share​.Guidance of 600 million - 620 million Swiss francs adjusted EBITDA in FY 2016​.Upon meeting its FY 2016 guidance, Sunrise expects to propose a dividend to AGM for financial year 2016 in range of 3.24 francs and 3.36 francs per share to be paid from reserves from capital contribution in 2017​.  Full Article

Sunrise Communications Group and Telefonica extend partnership agreement​
Monday, 25 Jan 2016 

Sunrise Communications Group AG:Sunrise Communications and Telefonica extend their broad partnership agreement.Agreement extended until further notice​.  Full Article

Cellnex may raise debt levels as European towers deals heat up

BARCELONA, Nov 15 Cellnex, which aims to consolidate the wireless towers markets across Europe, suddenly finds itself in a buyer's market for assets and is ready to raise its debt levels to win certain deals, Chief Executive Tobias Martinez Gimeno said on Wednesday.