Swisscom Says Net Income Rise 42.1% To 1.046 Bln Sfr



Aug 5 (Reuters) - Swisscom AG SCMN.S :

* SWISSCOM INCREASES REVENUE AND OPERATING INCOME

* EBITDA OUTLOOK FOR 2021 RAISED

* GROUP REVENUE ROSE BY 2.6% TO CHF 5,583 MILLION

* CONSOLIDATED OPERATING INCOME BEFORE DEPRECIATION AND AMORTISATION (EBITDA) WAS UP ON PREVIOUS YEAR BY 4.9% AT CHF 2,317 MILLION

* FINANCIAL OUTLOOK FOR FISCAL 2021 REMAINS UNCHANGED IN TERMS OF NET REVENUE AND CAPITAL EXPENDITURE

* FOR EBITDA, THE FORECAST IS INCREASED FROM BETWEEN CHF 4.3 BILLION AND 4.4 BILLION TO CHF 4.4 BILLION AND CHF 4.5 BILLION

* WILL PROPOSE TO THE 2022 ANNUAL GENERAL MEETING THAT THE DIVIDEND FOR THE 2021 FINANCIAL YEAR REMAIN UNCHANGED AT CHF 22 PER SHARE

* SWISSCOM GENERATED NET INCOME OF CHF 1,046 MILLION, UP A MASSIVE 42.1% ON PRIOR-YEAR LEVE Source text for Eikon: ID: Further company coverage: SCMN.S (Berlin Speed Desk)

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