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General

KPN improves margin on lower revenues in Q1, sees limited impact from Covid-19 crisis

Thursday 30 April 2020 | 08:29 CET | News
Dutch operator KPN reported first-quarter revenues down 2.4 percent to EUR 1.33 billion, equal to a fall of 1.9 percent on an organic basis. At the same time, adjusted EBITDA increased 2.1 percent to EUR 575 million, leading to an almost 2 percent point increase in the margin to 43.3 percent. With a limited impact from the coronavirus crisis on results to date, KPN left its outlook unchanged. 

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Categories: General
Companies: KPN
Countries: Netherlands
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