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General

KPN revenues down 7.6% in Q3, EBITDA falls 14%

Tuesday 22 October 2013 | 09:14 CET | News
Dutch operator KPN reported third-quarter revenues down 7.6 percent to EUR 2.08 billion, and EBITDA fell 14 percent year-on-year to EUR 743 million. The results exclude its German operator E-Plus, which is being acquired by Telefonica. KPN's net profit fell 56 percent to EUR 87 million. Capex totaled EUR 357 million in the three months, down 2.7 percent from a year earlier, and free cash flow fell 38 percent to EUR 63 million. The ration of net debt to EBITDA worsened, to 2.4 from 2.2 in the previous quarter. If the expected proceeds from E-Plus are taken into account, the ratio would be 1.5.

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Categories: General
Companies: E-Plus / KPN / Reggefiber / Telefonica
Countries: Netherlands
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