SwissCom : Zero debiti - gzibordi

in effetti è interessante come situazione anche perchè Swisscom va in controtendenza alle altre telecom è salita o comunque teneva quando le altre affondavano e cede ora che le altre salgono i debiti sono in effetti quasi zero a bilancio basta sottrarre qui la cassa dal debito a lunga e si vede che sono circa 1 miliardo che è quasi niente anzi Reuters mostra che ora la cassa è di 5 miliardi di franchi svizzeri per cui il debito è proprio zero ---------------- Swisscom AG Wednesday reported a 31% drop in third-quarter net profit, beating expectations of a larger fall, but gave no news on what it plans to do with its ever-growing cash pile. The former state-owned telecommunications group said its net profit fell in the third quarter to 395 million Swiss francs ($239.4 million or 271.2 million euros) from 574 million francs a year earlier. Analysts had been expecting an even lower figure of around 300 million francs for the period. The company said the margin on earnings before interest, taxes, depreciation and amortization improved in the third quarter to 32.4% from 30.8% a year earlier. Forecasts for the margin had ranged between 30% and 31.5%, after Swisscom raised its full-year operating margin target in August to 27%-28% from 22%-25%. "The report shows that the competitive pressure in the mobile and fixed-line business in Switzerland is diminishing," said Reto Portmann, an analyst at Bank Sarasin. "You can see it in the margins, especially in the mobile-phone business," he added. Operating profit for the latest quarter rose to 665 million francs from 471 million francs. Sales rose to 3.58 billion francs from 3.55 billion francs. Swisscom (SCM), whose cash position had grown to 5.2 billion francs by the end of September from 2.2 billion francs a year earlier, said it continued to scan the market for investments with growth potential. The company, which is now 65%-owned by the Swiss government, hasn't yet decided on making a share buyback. "Swisscom already reviewed many targets but it I don't think that there is something suitable out there, other than minor investments," Mr. Portmann said. "I think a share buyback is becoming more likely," he added. Swisscom shares fell six Swiss francs, or 1.33%, to 443.50 francs in Zurich trading Wednesday. The company said full-year net profit should be markedly higher thanks to various divestments earlier in the year. But it may be hit by a possible revaluation of Swisscom's stake in the German mobile-phone unit Debitel AG. Swisscom also expects a slight increase in revenues for 2001 and, provided market conditions don't change significantly, says it sees higher operating profit or Ebitda than last year's 4.16 billion francs. -----------------------

Su Affari e Finanza inserto economico del lunedi di Repubblica.parlavano bene di Swisscom: fatturato (+9 %) a 7 mld di euro ebit a 2.3 mld € p/e=6 cash a 1,9 mld di euro,ma sopratutto il giornalista parla di debito TOTALMENTE RIPIANATO ? zero debiti! possibile? Pero' guardando sul loro sito www.swisscom.ch mi sembra di capire che i total liabilities siano a circa 6 mln di franchi svizzeri.. dato che tenere in portafoglio un telefonico con debiti totali nulli mi interesserebbe molto vorrei scoprire se il giornalista di repubblica to ,oppure i dati riportati nel sito della swisscom (al 20.9.2001 ). copiato dal sito: /dati in mln di CHF ) 31.12.00 30.9.01 short term debt 2´685 1´499 Other current liabilities 4´267 4´136 Total current liabilities 6´952 5´638 Long-term debt 3´894 3´913 Other long-term liabilities 2´638 2´688 Total long-term liabilities 6´532 6´601 P.S VENDUTA partecipaziione in Swiss obile AG per 3.5 mld di chf