ZURICH Feb 6 Telecoms group Swisscom
flagged moderate growth in core profit and sales this year as a
rise in customer traffic offsets continued high capital spending
on its network.
Switzerland's national telecoms operator said it expected
earnings before interest, tax, depreciation and amortisation
(EBITDA) to tick up to 4.35 billion Swiss francs ($4.8 billion)
in 2014, while sales should also rise to 11.5 billion.
Full-year profit for last year at the EBITDA level fell 3.9
percent to 4.3 billion Swiss francs. Analysts on average had
forecast a 4.1 percent fall in core profit to 4.29 billion
Sales ticked up 0.4 percent to 11.43 billion francs, in line
with the average analyst estimate of 11.44 billion.
Swisscom expects to pay a dividend of 22 francs per share
for the 2013 financial year, unchanged from the previous year.
($1 = 0.9033 Swiss francs)
(Reporting by Caroline Copley)