BUZZ-Swiss Sunrise falls after 'bit light KPIs' and weakness in B2C

Sunrise Communications SUNN.S shares fell around 3%after the telecoms company reported full year results for the first-time since its spin-off from Liberty Global LBTYA.O

"A bit light on solid KPIs but FY25 guide intact and visibility on y+1 div," Deutsche Bank analyst Robert Grindle writes in a note

FY revenue falls 0.6% from 2023, at 3.018 billion Swiss francs ($3.35 billion) compared with analysts consensus of 3.021 billion Swiss francs in company-compiled poll, with core earnings rising slightly but just below analyst expectations

Barclays analysts point out weakness in consumer business due to high promotions, almost offset by B2B strength

Sunrise confirmed 2025 guidance and proposed dividends of 3.33 Swiss francs per share, expecting a dividend payout of 3.42 Swiss francs per share in 2026

Shares were down 1.9% at 1034 GMT

($1 = 0.9020 Swiss francs)