Q1 2024 results: KPN delivers solid start to the year
April 24 2024 - 1:30AM
Q1 2024 results: KPN delivers solid start to the year
- Continued Group
service revenue growth (+3.6% y-on-y), mainly driven by Consumer
(+4.5%) and Business (+3.2%)
- Ongoing positive net
adds in Consumer postpaid +30k and broadband +13k, of which 8k
related to Kabeltex acquisition
- Expanded fiber
footprint with +130k HP in Q1 2024 (+159k HP including
Glaspoort)
- Adj. EBITDA AL of €
605m (+3.6% y-on-y), quarterly FCF generation impacted by
intra-year phasing
- ACM unconditionally
approved Youfone acquisition, transaction closed on 4 April
- Full year 2024
outlook raised to ~€ 2,500m adjusted EBITDA AL and >€ 890m FCF,
reflecting Youfone acquisition
- On track to reach
mid-term ambitions; including cumulative shareholder
distributions
Program12:45 CEST: Registration of
attendees13:00 CEST: Webcast
The webcast and documents can be accessed via our
website ir.kpn.com
Formal disclosures
Royal KPN N.V. Head of IR: Matthijs van Leijenhorst Inside
information: No Topic: Q1 2024 Results24/04/2024;
7:30hKPN-N
- KPN Q1 2024 Press release
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