KPN hits 2011 targets but lowers guidance for 2012

Tuesday 24 January 2012 | 09:27 CET | News
KPN reported fourth-quarter results showing revenues almost flat at EUR 3.37 billion compared to the year before and EBITDA sliding 3.2 percent to EUR 1.31 billion, with an EBITDA margin down 1.1 percentage points to to 39 percent. The net profit sank 63 percent to EUR 176 million, and earnings per share went 58 percent lower to EUR 0.13, including a Corporate Market (formerly Getronics Netherlands) restructuring impairment of EUR 298 million. Without the impairment, net profit fell 3.8 percent to EUR 457 million and EPS was down 3.2 percent to EUR 0.32. KPN said results were in line with its

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Categories: General
Companies: KPN
Countries: Belgium / Germany / Netherlands
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