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General

KPN Q2 revenues lower, improves EBITDA, FY outlook

Wednesday 29 July 2015 | 08:22 CET | News
KPN reported second-quarter revenues down 3.8 percent year-on-year to EUR 1.75 billion, while adjusted EBITDA rose 1.5 percent to EUR 602 million, in line with market expectations. Capital expenditure reached EUR 306 million, and free cash flow totaled EUR 232 million. The weak business market put pressure on revenues, while KPN said it started to see EBITDA stabilising in other areas. The Dutch operator raised its outlook for 2015 to adjusted EBITDA in line with 2014, capex of less than EUR 1.3 billion and free cash flow of over EUR 500 million. In addition the company expects to receive a

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Categories: General
Companies: KPN / Telefonica Deutschland
Countries: Netherlands
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