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General

KPN margin improves in Q1 thanks to cost cutting, revenues down 2.9%

Friday 26 April 2019 | 08:39 CET | News
KPN reported revenues for the first quarter down 2.9 percent to EUR 1.36 billion. While the Dutch operator showed growth in some areas, the decline in legacy services was worse. EBITDA dropped 0.3 percent to EUR 563 million, and the margin rose to 41.4 percent, helped by cost reductions. 

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Categories: General
Companies: KPN
Countries: Netherlands
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