Objectives and achievement of targets
Based on its strategy, Swisscom has set itself various short- and long-term targets that take economic, ecological and social factors into consideration.
|Objectives||Target achievement 2017|
|Financial targets 1|
|Net revenue||Group revenue for 2017 of around CHF 11.6 bn||CHF 11,662 mn|
|Operating income before depreciation and amortisation (EBITDA)||EBITDA for 2017 of around CHF 4.2 bn||CHF 4,295 mn|
|Capital expenditure in property, plant and equipment and intangible assets||Capital expenditure for 2017 of around CHF 2.4 bn||CHF 2,378 mn|
|Operational Excellence||In 2017, reduction of cost base in Swiss business by CHF 75 mn||Achieved|
|Ultrafast broadband in Switzerland 2||Coverage of 90% by the end of 2021 in excess of 80 Mbps||55%|
|Ultrafast broadband in Italy||Corverage of 13 mn households by the end of 2021 with FTTH and FTTS||60% or 8 mn|
1 As already announced in 2017, the financial targets for 2017 have been adjusted as follows as a result of compensation from legal proceedings involving Fastweb: EBITDA of approximately CHF 4.3 bn.
2 Basis: 4.3 million homes and 0.7 million businesses (Swiss Federal Statistical Office – SFSO).