SNRE Company Report

SNRE reported a 1.1% year-on-year revenue decline and 2.4% EBITDA growth for Q3 2025, with mobile showing 20,000 postpaid net additions and increasing ARPU, while internet net adds declined by 7,000.
The company reaffirmed its 2025 financial guidance, including 2.7% year-on-year DPS growth and CHF 370 million-CHF 390 million adjusted free cash flow.
Stabilization of the fixed business is now anticipated to be delayed until 2026, slower than previously expected, but SNRE expects OPEX and CAPEX efficiencies to compensate.
SNRE launched a new C segment brand, CH Mobile, to complete its multi-brand strategy and address the budget segment, alongside new services like home security.

Nov 11, 2025, 9:00 AM

SNRE Reports Q3 2025 Results and Reaffirms Guidance

SNRE

Earnings

Guidance Update

Product Launch

SNRE reported Q3 2025 results with 2.4% EBITDA growth and a 1.1% revenue decline, primarily due to fixed subscription revenue, generating close to CHF 14 million in free cash flow.
The company reconfirmed its 2025 guidance, including 2.7% year-on-year DPS growth, and reaffirmed its midterm outlook of increasing free cash flows.
Operationally, SNRE achieved 20,000 postpaid net additions and launched the new CH Mobile brand, but experienced a decline of 7,000 internet net adds and a slower-than-expected stabilization of the fixed consumer business, now anticipated during 2026.

Nov 11, 2025, 9:00 AM

Sunrise Re-confirms 2025 Guidance Amidst Mixed Q3 2025 Results

SNRE

Earnings

Guidance Update

Debt Issuance

Sunrise re-confirmed its 2025 full-year guidance, including an expected dividend per share growth of 2.7% YoY, despite softer revenues.
In Q3 2025, Revenue decreased by 1.1% YoY to CHF 741m, while Adjusted EBITDAaL grew by 2.4% YoY to CHF 270m.
The company reported +20k Postpaid net adds but -7k Internet net adds in Q3 2025, and extended its hockey rights until 2035.
As of September 30, 2025, Net Debt was CHF 4,809m, with recent refinancing extending debt maturity such that approximately 84% is due after 2031.

Nov 11, 2025, 9:00 AM

Sunrise Reaffirms 2025 Guidance Amidst Q3 2025 Revenue Decline and New Product Launches

SNRE

Earnings

Guidance Update

Product Launch

In Q3 2025, Sunrise (SNRE) reported 2.4% EBITDA growth driven by OpEx improvements, despite a 1.1% year-on-year revenue decline primarily from Fixed Subscription Revenue.
The company reaffirmed its 2025 guidance, including a 2.7% year-on-year DPS growth and an adjusted free cash flow guidance of CHF 370 million - CHF 390 million.
SNRE launched several new products and services in Q3 2025, such as a Home Security offering, the Iconic Bundle, and a new C-Segment brand called CHmobile to expand market coverage.
The stabilization of the Fixed consumer business is now anticipated to be delayed until during the course of 2026, impacted by softer inflow and slower churn improvement, resulting in a 7,000 decline in internet net adds in Q3 2025.
In Q3 2025, the company refinanced approximately CHF 1 billion of debt, with 84% now due after 2031, and plans to repay CHF 180 million of debt in Q4.

Nov 11, 2025, 9:00 AM

Sunrise Communications AG Negotiates New Debt for Refinancing

SNRE

Debt Issuance

Sunrise Communications AG successfully negotiated a private placement of EUR 385 million of its 4.625% Senior Secured Notes due 2032 and a new additional term loan (Facility AAA1) of USD 650 million.
The proceeds from these refinancing transactions will be used to fully refinance the existing USD Term Loan B due 2028 and redeem in significant part the USD 5.5% Senior Notes due 2028.
These transactions are leverage neutral with no impact on pro forma net leverage, and they extend Sunrise's debt maturity profile, resulting in a weighted average life of 5.8 years with approximately 83% of debt becoming due in 2031 or thereafter.