Report
Pierre François Merveille

Salt (Matterhorn) : Salt will face two bigger rivals

Salt’s strategy based on B2C mobile revenue growth, the creation of a fixed revenue pillar and the revamp of B2B operations has been showing good results recently with postpaid revenue growth since Q1 2019, except in Q2 2020 and probably in Q3 2020 as well since the covid-19 had an adverse effect on roaming revenues. The impact on credit metrics is manageable thanks to a rebound of FCF and a deferred payment of CHF 63m to be received in Q3 from the sale of the tower portfolio to ...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Pierre François Merveille

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