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General

KPN shifts growth aims to profit over revenues, cost-cutting set to continue 'at least a decade'

Friday 30 November 2018 | 13:02 CET | Author: Tim Poulus | Market Commentary
KPN's new strategic plan builds on its plan from 2016. In short, the focus is on cost savings, investing in technology and convergence. This should result in a higher margin and growth in EBITDA and free cash flow, leading to dividend growth as well. The biggest risk, according to the company at its Capital Markets Day, is execution risk: will the company be able to realise all its plans in the timeframe targeted? Other risks include weaker-than-expected revenues, underestimating the competition and an expensive spectrum auction. 

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Categories: General
Companies: KPN / VodafoneZiggo
Countries: Netherlands
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