0
General

KPN Q2 sales fall 3.7%, profits increase on cost cuts

Wednesday 27 July 2016 | 08:19 CET | News
KPN reported second-quarter sales down 3.7 percent to EUR 1.68 billion, while EBITDA was up 1.9 percent to EUR 579 million thanks to cost reductions. EBIT increased 21 percent to EUR 205 million, and net profit rose 1.3 percent to EUR 162 million. Capital expenditure at the Dutch operator edged 2.0 percent higher at EUR 312 million, and free cash flow increased 9.5 percent to EUR 254 million. KPN maintained its outlook for flat EBITDA, capex of EUR 1.2 billion and free cash flow over EUR 650 million in 2016.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: KPN
Countries: Netherlands
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

KPN Q4: the push for bundling puts 5 mln 1P accounts at risk

Published 06 Feb 2017 11:53 CET | Netherlands
KPN's fourth-quarter results met its full-year targets. After a drop of 1.3 percent, revenues were at their lowest level in a ...

KPN achieves FY targets, Q4 sales fall 1.3%

Published 01 Feb 2017 08:29 CET | Netherlands | Update: 01 Feb 2017 10:39 CET
Dutch KPN operator achieved its targets for 2016 and reported a small drop in Q4 revenues. Sales were down 1.3 percent from a ...

KPN Q3 sales fall 2.6%, says cost reductions on track

Published 27 Oct 2016 09:04 CET | Netherlands
KPN reported third-quarter revenues down 2.6 percent year-on-year to EUR 1.718 billion. EBITDA at the Dutch operator reached EUR ...

Digital TV grows to 90% of all Dutch TV connections

Published 07 Sep 2016 10:00 CET | Netherlands
Digital television increased to 90 percent of all TV connections in the Netherlands at the end of the second quarter of 2016, ...

Digital TV grows to 90% of all Dutch TV connections

Published 07 Sep 2016 10:00 CET | Netherlands
Digital television increased to 90 percent of all TV connections in the Netherlands at the end of the second quarter of 2016, ...

Dutch telecom market Q2: Tele2's losses accumulate, T-Mobile scales back capex

Published 02 Sep 2016 11:28 CET | Netherlands
KPN showed a small improvement in financial performance at its Dutch activities in the second quarter, while its main rival Ziggo ...

KPN Q2: omzet omlaag, resultaat omhoog, outlook onveranderd

Published 27 Jul 2016 07:52 CET | Netherlands | Update: 27 Jul 2016 08:36 CET
KPN heeft de omzet over het tweede kwartaal zien dalen met 3,7 procent tot 1,68 miljard euro. Het bedrijfsresultaat (EBITDA) ...

KPN revenues fall 3.9% in Q1

Published 29 Apr 2016 09:04 CET | Netherlands
KPN reported first-quarter revenues down 3.9 percent to EUR 1.69 billion, hurt by the continued decline in traditional telephony, ...

KPN shareholders approve extra capital pay-out

Published 14 Apr 2016 10:20 CET | Netherlands
KPN's shareholders approved all the proposed resolutions at its annual meeting on 13 April. This includes a dividend of EUR 0.114 ...

KPN to target growth in business market through IT services

Published 08 Mar 2016 15:21 CET | Netherlands
KPN has outlined its strategy for the enterprise market during its Capital Markets Day 2016. Based on the new group strategy of ...

KPN outlines new targets, divisions at investors day

Published 08 Mar 2016 11:18 CET | Netherlands
KPN has outlined its targets for 2016 and the medium term at its Capital Markets Day. According to the presentation to analysts, ...

KPN to distribute Base proceeds to shareholders

Published 05 Feb 2016 11:05 CET | Netherlands
KPN confirmed it will pay out part of the proceeds of selling its Belgian unit Base as dividends. Following European Commission ...

KPN sales fall 5.9% in Q4 on weak business market

Published 03 Feb 2016 08:50 CET | Netherlands
KPN reported fourth-quarter revenues down 8.1 percent year-on-year to EUR 1.75 billion, and adjusted EBITDA fell 7.6 percent to ...

KPN Q3 revenues fall 2.6%, profits still higher

Published 27 Oct 2015 08:26 CET | Netherlands
KPN announced customer gains in the consumer market in the third quarter, but weakness in the business market pushed group ...





Calendar   /   Industry Events

30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec Marvell Technology fiscal Q3
03 Dec GCX fiscal Q2
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
::: More Calendar Items