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Switzerland's Ascom Books Higher H1 Profit; Net Revenue Falls

MT Newswires·07/29/2026 01:04:12
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01:04 AM EDT, 07/29/2026 (MT Newswires) -- Ascom Holding (ASCN.SW) said Wednesday that its attributable profit for the first half jumped, while net revenue edged down year over year. Group profit attributable to the owners of the parent for the six months ended June 30 was 5.4 million francs, compared with 2.2 million francs earlier. EPS moved to 0.16 franc from 0.06 franc. The Swiss information and communication technology company's net revenue was 139.8 million francs, compared with 140 million francs a year ago. For 2026, Ascom affirmed its guidance for low- to mid-single-digit revenue growth at constant currencies.