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Annual Report 2024
Annual Report 2024
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Man­age­ment Commentary

Strategy and en­vi­ron­ment

Swiss business

Number 1

Swisscom is number one in the Swiss market for telecom­mu­ni­ca­tions.

Revenue

CHF 11 bil­lion

in revenue was generated by Swisscom in 2024, 76% of which in Switzer­land and 24% in Italy.

Business in Italy

Leading challenger

Fastweb is the leading challenger in Italy.

Financial targets and achieve­ment of targets in 2024

   
Targets 2024		   Achieve­ment of
targets in 2024
     
Targets 2024 		    Achieve­ment of
targets in 2024 
 Financial targets
 Revenue   
Targets 2024around CHF 11.0 bil­lion		    Achieve­ment of
targets in 2024CHF 11,036 million
 Operating income before de­pre­ci­a­tion and amor­ti­sa­tion (EBITDA)   
Targets 2024CHF 4.3–4.4 bil­lion 1		    Achieve­ment of
targets in 2024CHF 4,355 million
 Capital ex­pen­di­ture   
Targets 2024around CHF 2.3 bil­lion		    Achieve­ment of
targets in 2024CHF 2,312 million
 
1 In connection with the acquisition of Vodafone Italia, integration costs of around EUR 200 million were recog­nised in Swisscom's 2024 financial statements. The EBITDA outlook for 2024 has therefore been adjusted to CHF 4.3–4.4 bil­lion (previously CHF 4.5–4.6 bil­lion).