KPN Royal KPN NV

KPN delivered on FY 2024 outlook; on track towards mid-term ambitions

KPN delivered on FY 2024 outlook; on track towards mid-term ambitions

  • FY24 Group service revenues +3.4% y-on-y (+3.1% organic ), adj. EBITDA AL of € 2,508m (+3.6% y-on-y, or +3.1% excl. Youfone) and FCF of € 900m
  • Continued Group service revenue growth (+2.5% y-on-y, or +2.0% organic) in Q4, with organic growth across all segments
  • Consumer service revenue grew 4.4% y-on-y in Q4, or +1.0% organic
  • Solid commercial momentum in Consumer driving postpaid (+30k) and broadband (+10k) base growth in Q4
  • Business service revenue grew 2.5% y-on-y in Q4, or +3.1% organic, driven by all divisions
  • Continued to lead the Dutch fiber market; expanded footprint with 574k HP (incl. Glaspoort), record year connecting homes
  • 2025 outlook: Service revenue growth ~3%, adj. EBITDA AL ~€ 2,580m, Capex ~€ 1.25bn and FCF ~€ 910m
  • 7% DPS growth (DPS of € 18.2 cents) and new € 250m share buyback, returning all FCF to shareholders in 2025



Program

12:45 CET: Registration of attendees

13:00 CET: Webcast

The webcast and documents can be accessed via our website 



Formal disclosures:

Royal KPN N.V.

Head of IR: Matthijs van Leijenhorst

Inside information: Yes

Topic: Q4 2024 Results

30/01/2025; 7:30h

KPN-N

Attachment



EN
30/01/2025

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Reports on Royal KPN NV

 PRESS RELEASE

KPN reports on progress of € 250m share buyback

KPN reports on progress of € 250m share buyback KPN has repurchased 5,499,978 KPN ordinary shares in the period from 5 May to 9 May 2025. The shares were repurchased at an average price of € 4.08 per share for a total consideration of € 22.5m. These repurchases are part of the € 250m share buyback started on 25 February 2025 and reflect KPN's commitment to structurally return additional capital to its shareholders. The total number of ordinary shares repurchased until 9 May 2025 is 29,689,843 for a total consideration of € 116.5m. Transaction details of the share buyback are available on ...

 PRESS RELEASE

KPN reports on progress of € 250m share buyback

KPN reports on progress of € 250m share buyback KPN has repurchased 5,099,901 KPN ordinary shares in the period from 28 April to 2 May 2025. The shares were repurchased at an average price of € 4.01 per share for a total consideration of € 20.4m. These repurchases are part of the € 250m share buyback started on 25 February 2025 and reflect KPN's commitment to structurally return additional capital to its shareholders. The total number of ordinary shares repurchased until 2 May 2025 is 24,189,865 for a total consideration of € 94.0m. Transaction details of the share buyback are available o...

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Benelux Morning Notes

Kinepolis: Box office doubles in US/Canada, flat attendance in France. KPN: VodafoneZiggo goes for accelerated DOCSIS 4.0 roll out, answering infra question. Lotus Bakeries: CEO expects US$100m in sales in India by the end of the decade. Philips: 1Q25 results – Guidance lowered on tariffs. PostNL: 1Q25 in line with consensus; FY25 outlook reiterated

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Benelux Morning Notes

BE Semiconductor Industries: Important TCB Next order. Belgian telcos: Telenet weak Q1 commercially across the board, financials reasonable. D'Ieteren: Belgian April car registrations down 5%, VW down 11%. GBL: NAV per share above estimates. Kinepolis: US Peer Cinemark 1Q25 results a slight miss. KPN: VodafoneZiggo 1Q25 very weak, cut guidance on EBITDA, revenue after 2 months

 PRESS RELEASE

KPN reports on progress of € 250m share buyback

KPN reports on progress of € 250m share buyback KPN has repurchased 4,755,000 KPN ordinary shares in the period from 21 April to 25 April 2025. The shares were repurchased at an average price of € 3.99 per share for a total consideration of € 19.0m. These repurchases are part of the € 250m share buyback started on 25 February 2025 and reflect KPN's commitment to structurally return additional capital to its shareholders. The total number of ordinary shares repurchased to date is 19,089,964 for a total consideration of € 73.6m. Transaction details of the share buyback are available on our ...

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