VZ Holding reported a rise in first-half profit for 2026, sending shares up 8.1% in early trading.
The Swiss telecoms group said net profit increased in the six months to June 30, 2026, compared with the same period a year earlier. Revenue also grew, though the company did not disclose specific figures in its preliminary results statement.
VZ Holding maintained its full-year outlook, reiterating guidance provided at the start of the year. Management cited steady demand for its core telecoms services and cost discipline as key drivers of the improved performance.
Analysts noted the profit growth as a positive sign for the sector, which has faced margin pressure amid rising operational costs. The company’s shares, listed on the SIX Swiss Exchange, extended gains after the announcement, reflecting investor confidence in the outlook.
The telecoms group did not provide detailed financials or segment breakdowns in the statement. Further disclosures are expected when the company releases its full half-year report in August.
