Swisscom posts higher core profit as Italy merger brings in savings

Telecoms group Swisscom reported a higher half-year core profit on Thursday, boosted by cost efficiency measures and savings ‌related to ⁠its ⁠Vodafone Italia acquisition last year.

The Swiss group’s lease-adjusted earnings before interest, taxes, depreciation and amortisation, or EBITDAaL, rose 3.3% to 2.56 billion Swiss francs ($3.17 billion) in the first half of 2026, compared with 2.47 billion francs in ⁠the same ‌period last year.