KPN delivers solid start to the year

Koninklijke KPN N.V.

Wed, Apr 23, 2025, 11:30 PM 1 min read

Continued Group service revenue growth (+3.8% y-on-y, of which +0.7% Youfone), all segments delivering organic growth
Consumer service revenue grew 4.6% y-on-y, of which +3.4% Youfone
Business service revenue grew 5.1% y-on-y, driven by SME and Tailored Solutions
Adj. EBITDA AL +4.7% y-on-y, of which +0.9% Youfone and +0.7% Althio
As anticipated, FCF impacted by higher interest and tax payments and phasing of working capital
KPN leading the Dutch fiber market, adding 100k HP (incl. Glaspoort) and 94k HC to fiber footprint
KPN’s mobile network awarded with the highest score ever measured worldwide by Umlaut
Tower Company Althio started its operations
Reiterating our upgraded full-year 2025 outlook from mid-February