Edition:
United Kingdom

Koninklijke KPN NV (KPN.AS)

KPN.AS on Amsterdam Stock Exchange

2.74EUR
20 Aug 2019
Change (% chg)

-- (--)
Prev Close
€2.74
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
14,520,029
52-wk High
€2.91
52-wk Low
€2.14

Latest Key Developments (Source: Significant Developments)

KPN Q2 Adjusted EBITDA After Leases Rises To 594 Million Euros
Wednesday, 24 Jul 2019 

July 24 (Reuters) - KONINKLIJKE KPN NV ::ROYAL KPN N.V. PRESS RELEASE: SECOND QUARTER RESULTS 2019.Q2 ADJUSTED REVENUES EUR 1.36 BILLION VERSUS EUR 1.40 BILLION YEAR AGO.Q2 ADJUSTED EBITDA AFTER LEASES EUR 594 MILLION VERSUS EUR 573 MILLION YEAR AGO.Q2 CAPEX EUR 269 MILLION VERSUS EUR 245 MILLION YEAR AGO.Q2 FREE CASH FLOW (EXCLUDING. TEFD DIVIDEND) EUR 147 MILLION VERSUS EUR 222 MILLION YEAR AGO.Q2 NET PROFIT EUR 128 MILLION VERSUS EUR 142 MILLION YEAR AGO.NET INDIRECT OPEX SAVINGS OF € 40M IN Q2 2019, € 66M IN H1 2019.CONSUMER CONVERGENCE Q2: +41K FIXED-MOBILE HOUSEHOLDS (OF WHICH +38K TELFORT), 48% OF BROADBAND BASE (Q2 2018: 44%).CONSUMER CONVERGENCE Q2: +104K FIXED-MOBILE POSTPAID CUSTOMERS (OF WHICH +54K TELFORT), 62% OF POSTPAID BASE (Q2 2018: 54%).SINGLE-PLAY SERVICES Q2: FIXED: -24K1 BROADBAND AND -7K IPTV NET ADDS; ARPU INCREASED 6.0% Y-ON-Y TO € 46.SINGLE-PLAY SERVICES Q2: MOBILE: +17K KPN BRAND POSTPAID NET ADDS, FLAT POSTPAID CUSTOMER BASE ACROSS ALL BRANDS; POSTPAID ARPU OF € 17, FLAT Q-ON-Q AND 5.6% LOWER Y-ON-Y.SINGLE-PLAY SERVICES Q2: MOBILE: CONSUMER NPS +13 (Q2 2018: +13).Q2 59% OF SME CUSTOMERS MIGRATED FROM TRADITIONAL FIXED VOICE OR LEGACY BROADBAND SERVICES.Q2 BUSINESS NPS OF +1 (Q2 2018: -4).FOR FY 2019 SEES ADJUSTED EBITDA AL SLIGHTLY GROWING COMPARED WITH 2018.FOR FY 2019 SEES CAPEX € 1.1BN.  Full Article

Royal KPN To Sell International Network To GTT Communications
Monday, 8 Jul 2019 

July 8 (Reuters) - KONINKLIJKE KPN NV ::ROYAL KPN N.V. PRESS RELEASE: KPN TO SELL ITS INTERNATIONAL NETWORK TO GTT COMMUNICATIONS, INC..TO SELL ITS INTERNATIONAL NETWORK TO GTT COMMUNICATIONS FOR ABOUT EUR 50 MILLION ON A CASH AND DEBT-FREE BASIS (ENTERPRISE VALUE).TRANSACTION INCLUDES SALE OF INTERNATIONAL FIBER ASSETS AND NETWORK POINTS OF PRESENCE (POPS) IN 21 COUNTRIES.PROCEEDS OF TRANSACTION WILL BE RETAINED TO INCREASE OPERATIONAL AND FINANCIAL FLEXIBILITY.AS PART OF TRANSACTION, KPN WILL ENTER INTO A MASTER SERVICES AGREEMENT WITH GTT TO ENSURE CONTINUITY OF INTERNATIONAL NETWORK SERVICES TO ITS CUSTOMERS.AFTER CLOSING OF TRANSACTION, KPN CONTINUES DELIVERING INTERNATIONAL SERVICES TO DUTCH BUSINESS CUSTOMERS AS PART OF ITS ICT-SERVICES OFFERING.  Full Article

GTT Communications Says To Acquire KPN International For 50 Mln Euros
Monday, 8 Jul 2019 

July 8 (Reuters) - GTT Communications Inc ::GTT TO ACQUIRE KPN INTERNATIONAL.DEAL FOR APPROXIMATELY EUR 50 MILLION IN CASH.DEFINITIVE PURCHASE AGREEMENT TO ACQUIRE KPN INTERNATIONAL, A DIVISION OF KPN N.V. HEADQUARTERED IN NETHERLANDS.  Full Article

Royal KPN Announces Maximo Ibarra Resigns As CEO
Tuesday, 25 Jun 2019 

June 25 (Reuters) - Koninklijke KPN NV ::ROYAL KPN N.V. PRESS RELEASE: MAXIMO IBARRA RESIGNS AS KPN CEO.HAS GIVEN NOTICE OF TERMINATION OF HIS CONTRACT, EFFECTIVE 30 SEPTEMBER 2019.MAXIMO IBARRA RESIGNS FOR PRESSING FAMILY REASONS AND WILL MOVE BACK TO ITALY WHERE HE WILL TAKE UP A NEW EXECUTIVE POSITION.HIS RESIGNATION IS UNRELATED TO NETWORK OUTAGE EXPERIENCED YESTERDAY.  Full Article

KPN Q1 Adjusted Revenue Down At 1.36 Billion Euros
Friday, 26 Apr 2019 

April 26 (Reuters) - KONINKLIJKE KPN NV ::Q1 ADJUSTED REVENUE EUR 1.36 BILLION VERSUS EUR 1.40 BILLION YEAR AGO.Q1 ADJUSTED EBITDA AFTER LEASES EUR 563 MILLION VERSUS EUR 565 MILLION YEAR AGO.Q1 NET PROFIT EUR 89 MILLION VERSUS EUR 99 MILLION YEAR AGO.Q1 CAPEX EUR 261 MILLION VERSUS EUR 236 MILLION YEAR AGO.WE ARE CONFIDENT TO DELIVER ON OUR FULL-YEAR OUTLOOK - CEO.KPN INTENDS TO PAY A REGULAR DIVIDEND PER SHARE OF € 12.5 CENTS IN RESPECT OF 2019.EXPECTS PROGRESSIVE DIVIDEND OVER COURSE OF 2019 - 2021, SUPPORTED BY FCF.  Full Article

KPN Reports Q4 Loss For The Period Of 45 Million Euros
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - KONINKLIJKE KPN NV ::Q4 TOTAL ADJUSTED REVENUES EUR 1.44 BILLION VERSUS EUR 1.43 BILLION IN COMPANY COMPILED CONSENSUS.Q4 TOTAL ADJUSTED EBITDA EUR 572 MILLION VERSUS EUR 569 MILLION IN COMPANY COMPILED CONSENSUS.Q4 LOSS FOR THE PERIOD EUR 45 MILLION VERSUS PROFIT OF EUR 89 MILLION IN COMPANY COMPILED CONSENSUS.Q4 COMPANY COMPILED CONSENSUS: TOTAL ADJUSTED REVENUES EUR 1.43 BILLION; PROFIT FOR THE PERIOD EUR 89 MILLION.Q4 COMPANY COMPILED CONSENSUS: TOTAL ADJUSTED EBITDA EUR 569 MILLION.ONE-OFF ELEVATED RESTRUCTURING COSTS IN 2019 WILL DELIVER FINANCIAL BENEFITS FROM 2020 AND ONWARDS - CEO.INTENDS TO PAY A REGULAR DIVIDEND PER SHARE OF € 12 CENTS IN RESPECT OF 2018.OUTLOOK 2019: ADJUSTED EBITDA IN LINE WITH 2018.OUTLOOK 2019: CAPEX € 1.1BN.OUTLOOK 2019: FREE CASH FLOW (EXCLUDING. TEFD DIVIDEND) FRONT-END LOADED RESTRUCTURING CHARGES LEADING TO INCIDENTALLY LOWER FCF COMPARED WITH 2018.2019 – 2021 AMBITIONS: ADJUSTED EBITDA ORGANIC GROWTH.2019 – 2021 AMBITIONS: CAPEX STABLE AT € 1.1BN ANNUALLY .2019 – 2021 AMBITIONS: FREE CASH FLOW (EXCLUDING. TEFD DIVIDEND) THREE-YEAR MID-SINGLE DIGIT CAGR DRIVEN BY EBITDA GROWTH.  Full Article

KPN Q1 Net Profit Rises To 98 Million Euros
Thursday, 26 Apr 2018 

April 26 (Reuters) - KONINKLIJKE KPN NV ::Q1 NET PROFIT EUR 98 MILLION VERSUS EUR 73 MILLION YEAR AGO.Q1 ADJUSTED EBITDA EUR 569 MILLION VERSUS EUR 557 MILLION YEAR AGO.OUTLOOK 2018: ADJUSTED EBITDA IN LINE WITH 2017.Q1 REVENUES EUR 1.40 BILLION VERSUS EUR 1.45 BILLION YEAR AGO.OUTLOOK 2018: CAPEX C. EUR 1.1BN.Q1 CAPEX EUR 236 MILLION VERSUS EUR 264 MILLION YEAR AGO.OUTLOOK 2018: FREE CASH FLOW (EXCLUDING. TEFD DIVIDEND) GROWING.INTENDS TO PAY A REGULAR DIVIDEND PER SHARE OF EUR 12 CENTS IN RESPECT OF 2018.INTENDS TO GROW ITS REGULAR DIVIDEND IN LINE WITH ITS FREE CASH FLOW GROWTH PROFILE AFTER 2018.  Full Article

KPN To Sell iBasis To Tofane Global
Wednesday, 7 Mar 2018 

March 7 (Reuters) - KPN ::TO SELL IBASIS TO TOFANE GLOBAL.AFTER CLOSING OF TRANSACTION, IBASIS TO CONTINUE TO DELIVER INTERNATIONAL VOICE TERMINATION AND DATA SERVICES TO KPN.  Full Article

Deutsche Telekom sees synergies of 150 mln eur from Tele2 deal
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Deutsche Telekom AG ::ENLARGED T-MOBILE NL EXPECTS TO GENERATE ANNUAL RUN-RATE SYNERGIES OF SOME 150 MILLION EUR PER YEAR WITHIN THREE YEARS FROM CLOSING.SEES SYNERGY POTENTIAL WITH AN ESTIMATED NET PRESENT VALUE IN EXCESS OF 1 BILLION EUROS FROM TELE2 TEL2B.ST DEAL.  Full Article

KPN EGM Informed About Intended Appointment Of Maximo Ibarra As CEO
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - KPN KPN.AS::KPN EGM INFORMED ABOUT INTENDED APPOINTMENT OF MAXIMO IBARRA AS CEO.EGM APPROVED CERTAIN ELEMENTS OF MR IBARRA’S REMUNERATION FOR SERVICES PRIOR TO HIS EFFECTIVE APPOINTMENT AS CEO.MAXIMO IBARRA CAN BE APPOINTED AS MEMBER AND CHAIRMAN OF THE BOARD OF MANAGEMENT OF KPN ON 18 APRIL 2018.  Full Article

Photo

KPN core profits gain despite network outage, CEO exit

FRANKFURT KPN reported a 3.6% gain in core profits for the second quarter, despite suffering a major network outage that was followed by news that Chief Executive Officer Maximo Ibarra would be leaving the Dutch telecoms firm in September.