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Swisscom AG (SCMWY) Q4 2024 Earnings Call Transcript

February 14, 2025
in Market & News
Reading Time: 2 mins read
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Swisscom AG (SCMWY) Q4 2024 Earnings Call Transcript
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Swisscom AG (OTCPK:SCMWY) Q4 2024 Results Conference Call February 13, 2025 8:00 AM ET

Company Participants

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Louis Schmid – Head of Investor Relations
Christoph Aeschlimann – Chief Executive Officer
Walter Renna – Fastweb SpA, CEO, GM & Member of Management Board
Eugen Stermetz – Chief Financial Officer

Conference Call Participants

Polo Tang – UBS
Andrew Lee – Goldman Sachs
Josh Mills – BNP Paribas
Luigi Minerva – HSBC
Steve Malcolm – Redburn
Christian Bader – Zürcher Kantonalbank
Maurice Patrick – Barclays
Nuno Vaz – Bernstein
Ajay Soni – JPMorgan

Louis Schmid

Good afternoon, and welcome to Swisscom’s Full Year Results Presentation 2024. My name is Louis Schmid, Head of Investor Relations. And with me are our CEO, Christoph Aeschlimann; our CFO, Eugen Stermetz; and Walter Renna, CEO, Fastweb Vodafone.

Before we move on to today’s agenda, a few comments on Page 2 on our approach of financial communication this year obviously affected by the successfully completed acquisition of Vodafone Italia and its consolidation from 1st of January 2025.

As you can see on this slide, we will present to you today, first, our financial results 2024 audited and excluding Vodafone Italia. Second, some selected figures on Vodafone Italia 2024 and Fastweb Vodafone 2024, both pro forma and preliminary to provide a basis for comparison.

Pro forma stands for LTM last 12-month figures as in Vodafone Italia had been consolidated from first of January, restated for harmonization effects and unaudited. And preliminary means that the restatement and consolidations are not yet final.

And third, the preliminary guidance 2025 for the group Switzerland and Italy as it is based on preliminary pro forma financials, provisional PPA and the new segment naming.

Then on March 21, we will send a request for analyst estimates, as we usually do and simultaneously provide a restated pro forma

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