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Sunrise Communications AG(SNRE) - 2025 Q4 - Earnings Call Presentation
2026-02-18 09:00
Q4 / FY 2025 FINANCIAL RESULTS No Offer to Sell or Solicit This presentation is not an offer to sell or a solicitation of offers to purchase or subscribe for any securities of Sunrise Communications AG (Sunrise) in any jurisdiction. This document is not a prospectus within the meaning of the Swiss Financial Services Act, the Prospectus Regulation (EU) 2017/1129 or the UK version of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended) o ...
Cineplex Reports Fourth Quarter and Annual 2025 Results
Globenewswire· 2026-02-11 11:30
Core Insights - Cineplex Inc. reported financial results for the year ended December 31, 2025, highlighting a strong performance in guest engagement and box office revenues despite a challenging market environment [1][3][4] Financial Performance - Generated $91.6 million in Adjusted EBITDAaL, an increase from $89.9 million in the previous year [8] - Reported a net loss of $36.9 million, an improvement of $67.3 million compared to a net loss of $104.2 million in the prior year [8] - Annual box office revenues were $560.6 million, a slight decrease of $1.6 million or 0.3% from $562.2 million in the prior year, primarily due to a 1.8% decrease in attendance [18] - Set annual records for Box Office Per Patron (BPP) at $13.29, an increase of 1.5% from $13.09 in the prior year, and Concession Per Patron (CPP) at $9.72, an increase of 2.6% from $9.47 [8][18] Business Segments - International film product contributed 11.2% of total box office revenues, the highest share in Cineplex's history [8] - Premium experiences accounted for 43.2% of total box office revenues, the highest annual percentage since 2018 [8] - Cinema Media revenue grew by 13.1% over the prior year, achieving record cinema media per patron of $2.12 [8][18] Strategic Initiatives - Completed the sale of Cineplex Digital Media (CDM) for gross proceeds of $70 million, which provided funds for share repurchases and improved liquidity [8][24] - Renewed the Normal Course Issuer Bid (NCIB) Program and repurchased 636,602 common shares for cancellation [8][24] - Introduced various attendance-driving initiatives, including VIP tickets at regular admission prices and $5 Tuesdays [18] Leadership Changes - Announced the retirement of Robert Bruce from the Board of Directors and the appointment of Sean McGuckin, former Group Head and CFO at Scotiabank, to the Board [8][9]
Sunrise Communications AG(SNRE) - 2025 Q3 - Earnings Call Presentation
2025-11-11 09:00
Financial Performance - Revenue decreased by 1.1% YoY to CHF 741 million in Q3 2025 [46], primarily due to a decline in Fixed Subscription Revenue and lower Mobile Non-Subscription Revenue [50] - Adjusted EBITDAaL increased by 2.4% YoY to CHF 270 million in Q3 2025 [46], driven by Opex improvements [16] - CAPEX decreased by 4.7% YoY to CHF 106 million in Q3 2025 [46], aligning with expected full-year reductions [50] - Adjusted FCF reached CHF 37 million, benefiting from lower interest payments [46] Customer & Commercial - Mobile Postpaid net additions increased by 20k, supported by improved B2B growth [16] - Fixed Mobile Convergence (FMC) increased to 59% of the customer base [41] - Internet net additions were -7k, impacted by softer trading and UPC migrations [16] Strategic Initiatives - Launched "CHmobile" to address the C-Segment, completing segment coverage [16] - Introduced new products including Home Security, "Iconic Bundle," and "SuperSearch" [16] - Reaffirmed Capital Markets Day (CMD) mid-term outlook of increasing Free Cash Flows [16] Guidance & Debt - 2025 Guidance re-confirmed, including expected DPS growth of 2.7% YoY [16] - Debt maturity extended, with approximately 84% of debt due after 2031 and about 60% due in 2032 [74]
Sunrise Communications AG(SNRE) - 2025 Q2 - Earnings Call Presentation
2025-08-21 08:00
Financial Performance - Q2 2025 revenue decreased by 0.8% year-over-year to CHF 732 million, while H1 2025 revenue decreased by 2.1% year-over-year to CHF 1,454 million[40] - Q2 2025 Adjusted EBITDAaL increased by 1.9% year-over-year to CHF 254 million, representing 34.7% of revenue, while H1 2025 Adjusted EBITDAaL increased by 1.1% year-over-year to CHF 494 million, representing 34.0% of revenue[40] - Q2 2025 CAPEX decreased by 7.9% year-over-year to CHF 116 million, representing 15.9% of revenue[40] - Q2 2025 Adjusted Free Cash Flow was CHF 153 million[40] - Sunrise reconfirmed its FY 2025 guidance, expecting broadly stable revenue, stable to low-single digit growth in Adjusted EBITDAaL, CAPEX/Revenue between 15-16%, and Adjusted FCF between CHF 370-390 million[13, 61] Commercial Developments - Sunrise completed the 3G switch-off, becoming the first operator in Europe with a modern 4G/5G Standalone only network[13] - Sunrise launched new product offerings, including a refresh of the Yallo Portfolio and completion of the UPC customer base migration[13] - Fixed Mobile Convergence continued to increase, up by 1.4% year-over-year[35] - Sunrise extended Swiss National League hockey rights until 2035[25] Customer Metrics - Mobile ARPU trend is improving as subscription revenue stabilizes due to price increases[35] - Fixed ARPU is declining year-over-year but showing an upward trend due to price increases[35] - Net additions growth in Q2 2025 was softer due to reduced commercial activity and price increases[35] Debt and ADS - Sunrise priced new EUR 550 million Senior Secured Notes due 2032 to refinance existing Term Loans[13] - Sunrise Class A American Depositary Shares were delisted from Nasdaq on August 15, 2025, with termination of the sponsored ADS programs planned for around mid-November 2025[13]