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Koninklijke KPN NV (KPN.AS)

KPN.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

KPN Sees No Substantial Change In Competitive Landscape With T-Mobile-Tele2 Merger - Conf Call
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - KPN ::ON T-MOBILE-TELE2 MERGER: WE DON'T BELIEVE COMPETITIVE LANDSCAPE IS GOING TO CHANGE SUBSTANTIALLY -CONF CALL.ON T-MOBILE-TELE2 MERGER: WE SEE THIS AS POSITIVE IN LONG-TERM -CONF CALL.  Full Article

Royal KPN Updates Mid-Term Ambitions
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - KONINKLIJKE KPN NV ::ROYAL KPN N.V. PRESS RELEASE: KPN ACCELERATES STRATEGY TO DELIVER ORGANIC SUSTAINABLE GROWTH.MEDIUM-TERM AMBITIONS, : - GROWING ADJUSTED EBITDA ORGANICALLY: DRIVEN BY A NEW MULTI-YEAR SUSTAINABLE NET OPEX REDUCTION PROGRAM OF AROUND EUR 350M.MEDIUM-TERM AMBITIONS SETTING ANNUAL CAPEX AT EUR 1.1BN.MEDIUM TERM AMBITION: SUSTAINABLE FREE CASH FLOW GROWTH DRIVEN BY EBITDA.REITERATES THE FY 2018 OUTLOOK.IN CONSUMER KPN AIMS TO GROW CONVERGED HOUSEHOLDS BY 300K AND CONVERGED POSTPAID BASE TO 70% BY END OF 2021..REITERATES FY 2018 OUTLOOK.IN BUSINESS SEES STABILIZATION OF END-TO-END ADJUSTED EBITDA BY MID 2020..REMAINS COMMITTED TO SOLID INVESTMENT GRADE CREDIT PROFILE AND AIMS FOR A NET DEBT TO EBITDA RATIO OF < 2.5X IN MEDIUM TERM.SINCE START OF KPN'S SIMPLIFICATION PROGRAM IN 2014, APPROXIMATELY EUR 650M RUN-RATE SAVINGS HAVE BEEN REALIZED AS AT END OF Q3 2018.SEES AROUND EUR 350M NET INDIRECT OPEX SAVINGS OVER PERIOD 2019 - 2021.SAVINGS WILL PRIMARILY BE REALIZED THROUGH FURTHER SIMPLIFICATION, AUTOMATION AND END-TO-END DIGITALIZATION OF IT PLATFORMS AND SYSTEMS.  Full Article

KPN Q3 Adj. Revenue, Adj. EBITDA In Line With Estimates
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - KONINKLIJKE KPN NV ::Q3 ADJUSTED REVENUE EUR 1.40 BILLION VERSUS EUR 1.40 BILLION IN COMPANY COMPILED CONSENSUS.Q3 RECORD-HIGH CONSUMER NPS OF +17 (Q3 ’17: +14).OUTLOOK 2018 (CONTINUING OPERATIONS): ADJUSTED EBITDA IN LINE WITH 2017.Q3 FREE CASH FLOW EUR 235 MILLION VERSUS EUR 238 MILLION IN COMPANY COMPILED CONSENSUS.OUTLOOK 2018 (CONTINUING OPERATIONS): CAPEX CIRCA EUR 1.1BN.OUTLOOK 2018 (CONTINUING OPERATIONS): FREE CASH FLOW (EXCLUDING. TEFD DIVIDEND) GROWING TO CIRCA EUR 800M.IN CONSUMER Q3 68% OF KPN BRAND POSTPAID CUSTOMERS IN FIXED-MOBILE BUNDLE (Q3 ’17: 62%).IN CONSUMER Q3 +53K FIXED-MOBILE POSTPAID CUSTOMERS, REACHING 56% OF POSTPAID BASE (Q3 ’17: 49%).IN CONSUMER Q3 +26K FIXED-MOBILE HOUSEHOLDS, REACHING 45% OF BROADBAND BASE (Q3 ’17: 40%).IN CONSUMER Q3 ARPU PER HOUSEHOLD INCREASED BY 4.1% Y-ON-Y TO EUR 45..Q3 CAPEX EUR 257 MILLION VERSUS EUR 250 MILLION IN COMPANY COMPILED CONSENSUS.FIRST-TIME POSITIVE BUSINESS NPS OF +1 (Q3 ’17: -5).SECOND WAVE SIMPLIFICATION PROGRAM DELIVERED AROUND EUR 190M RUN-RATE SAVINGS BY END Q3 ’18.Q3 COMPANY CONSENSUS: ADJUSTED. REVENUE EUR 1.40 BILLION; ADJUSTED. EBITDA EUR 586 MILLION; PROFIT FOR PERIOD EUR 116 MILLION.Q3 COMPANY CONSENSUS: FREE CASH FLOW EUR 238 MILLION; CAPEX OF NEGATIVE EUR 250 MILLION.NET PROFIT OF EUR 90M IN Q3 2018, 9.5% LOWER Y-ON-Y..Q3 ADJUSTED EBITDA 1.2% LOWER Y-ON-Y IN Q3 2018 AT 585 MILLION EUROS.INTENDS TO PAY REGULAR DIVIDEND PER SHARE OF EUR 12 CENTS IN RESPECT OF 2018.  Full Article

KPN Q2 Adjusted Ebitda Is At 577 Million Euros
Thursday, 26 Jul 2018 

July 26 (Reuters) - Koninklijke KPN NV KPN.AS::Q2 ADJUSTED REVENUES EUR 1.40 BILLION VERSUS EUR 1.38 BILLION IN REUTERS POLL.OUTLOOK 2018 (CONTINUING OPERATIONS) • ADJUSTED EBITDA IN LINE WITH 2017.Q2 ADJUSTED EBITDA EUR 577 MILLION VERSUS EUR 567 MILLION IN REUTERS POLL.OUTLOOK 2018 (CONTINUING OPERATIONS) • CAPEX AROUND EUR 1.1BN.OUTLOOK 2018 (CONTINUING OPERATIONS) • FREE CASH FLOW (EXCLUDING. TEFD DIVIDEND) GROWING.Q2 CAPEX EUR 245 MILLION VERSUS EUR 235 MILLION YEAR AGO.Q2 REUTERS POLL: ADJUSTED. REVENUES EUR 1.38 BILLION; ADJUSTED. EBITDA EUR 567 MILLION; PROFIT FOR PERIOD EUR 155 MILLION.Q2 FREE CASH FLOW EUR 278 MILLION VERSUS EUR 289 MILLION YEAR AGO.INTENDS TO PAY A REGULAR DIVIDEND PER SHARE OF EUR 12 CENTS IN RESPECT OF 2018 AND GROW THE REGULAR DIVIDEND IN LINE WITH ITS FREE CASH FLOW GROWTH PROFILE THEREAFTER.  Full Article

KPN Purchased Remaining 85% Interest In Startready
Monday, 26 Mar 2018 

March 26 (Reuters) - KPN ::PURCHASED REMAINING 85% INTEREST IN STARTREADY.RANSACTION FITS IN WITH KPN'S STRATEGY TO GROW IN CLOUD AND IT SERVICES.  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

KPN names Maximo Ibarra to succeed Eelco Blok as CEO
Friday, 20 Oct 2017 

Oct 20 (Reuters) - KPN ::‍MAXIMO IBARRA TO SUCCEED EELCO BLOK AS CEO OF KPN AS PER 2018 AGM​.  Full Article

French and Benelux stocks-Factors to watch on Nov 29

Nov 29 Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks.