Sunrise Communications Targets $380M-$400M Free Cash Flow for 2026 and CHF 70M in Cost Savings
Sunrise Communications AG has provided updated financial guidance, projecting free cash flow of between $380 million and $400 million for the year 2026. To achieve its efficiency goals, the company is implementing a restructuring plan involving approximately 500 job cuts, which is expected to generate a run-rate savings of CHF 70 million. CEO André Krause emphasized a strategic focus on increasing customer lifetime value through product innovation and service adoption. Key growth drivers identified include the expansion of 'Sunrise Rewards' and the increased uptake of 'Device as a Service' offerings, signaling a shift toward recurring service models.
Topics: customer lifetime value earnings call product innovation service adoption