Sunrise Communications Reports Stable Q1 Revenue, Increased EBITDAaL, and Reaffirms Full-Year Guidance and Dividend
SNNRF sits 36% above its 52-week low of $43.5 on elevated volume (2.5× avg).
Summary
Sunrise Communications AG reported stable Q1 2026 revenue and increased Adjusted EBITDAaL, while net loss widened and operating cash flow decreased. The company reconfirmed its full-year 2026 guidance and dividend, and announced new strategic partnerships and a price increase.
Key Events · Earnings and Guidance · SNNRF
-
Q1 2026 Financial Results
Revenue remained stable at CHF 722.8 million (+0.1% YoY), while Adjusted EBITDAaL increased by 2.5% YoY to CHF 245.9 million. Net loss significantly increased to CHF 39.4 million from CHF 1.3 million in Q1 2025, and net cash provided by operating activities decreased by 41.9% to CHF 99.8 million.
-
Full-Year 2026 Guidance Reconfirmed
The company fully reconfirmed its financial guidance for 2026, including broadly stable revenue, Adjusted EBITDAaL around CHF 1 billion, CAPEX/revenue below 15%, and Adjusted Free Cash Flow of CHF 380-400 million.
-
Dividend Policy Affirmed
The expected dividend for the 2026 financial year of CHF 3.49 per Class A Share and CHF 0.35 per Class B Share in 2027 was reconfirmed, representing over 2% YoY growth. The FY 2025 dividend of CHF 3.42 per Class A Share and CHF 0.34 per Class B Share was approved and paid on May 13, 2026, tax-free.
-
Strategic Initiatives Launched
Sunrise launched an innovative 'Sunrise Rewards' loyalty program and initiated an exclusive strategic partnership with PHOENIQS to offer B2B AI solutions based on sovereign Swiss AI infrastructure. A price increase effective August 1, 2026, was also announced.
Analysis · SNNRF · Technology
This 6-K filing provides Sunrise Communications AG's first-quarter 2026 financial results, showing stable revenue and increased Adjusted EBITDAaL, alongside a significant increase in net loss and decrease in operating cash flow. The company reconfirmed its full-year 2026 financial guidance, including a progressive dividend policy, and highlighted new strategic initiatives. This update is important as it provides a comprehensive view of the company's performance and outlook, confirming its financial trajectory and commitment to shareholder returns despite some mixed Q1 financial figures.
At the time of this filing, SNNRF was trading at $59.10 on OTC in the Technology sector, with a market capitalization of approximately $4.3B. The 52-week trading range was $43.50 to $62.83. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.