Recent Updates — SNREY

Sunrise Communications AG reported Q2 2026 revenue of CHF 712.9 million, down 2.6% year-over-year, while Adjusted EBITDAaL fell 3.8% to CHF 244.4 million. Despite the top-line decline driven by comparative effects from phased price increases, commercial momentum strengthened with net additions of +21,000 mobile postpaid subscriptions and +3,000 broadband Internet subscriptions. Adjusted Free Cash Flow improved significantly by 33.3% to CHF 204.4 million, supported by lower capital expenditures of CHF 101.6 million and operating cost discipline. The company fully confirmed its 2026 financial guidance, including an expected dividend for the 2026 financial year of CHF 3.49 per Class A Share and CHF 0.35 per Class B Share payable in 2027, representing over 2% growth. Sunrise Communications AG operates in the Swiss telecommunications industry, providing residential and business mobile, fixed-line, broadband, and TV services.

Sunrise Communications AG priced a new EUR 500 million Senior Secured Notes due 2033 with a 5% annual interest rate to refinance existing debt. The proceeds will fully refinance the 3.875% EUR Senior Unsecured Notes due 2029 and partially refinance the 3.625% EUR Senior Secured Notes due 2029, migrating the company to an all senior secured capital structure. The transaction extends the debt maturity profile with a weighted average life of 5.9 years and a weighted average cost of debt of approximately 2.8%. Sunrise Communications AG is a Swiss telecommunications provider offering mobile, fixed-line, broadband, and TV services.