KPN Royal KPN NV

Royal KPN N.V. Press Release: Statement on expected impact of COVID-19

Royal KPN N.V.
Royal KPN N.V. Press Release: Statement on expected impact of COVID-19

08-Apr-2020 / 14:50 CET/CEST


Today, Royal KPN N.V. ("KPN") issues the following statement. 

 

KPN expects to announce limited impact of COVID-19 on its operational KPIs and financial results in the first quarter of 2020. Currently, it is premature to say what the impact of COVID-19 will be for the remainder of the year. KPN has entered the current crisis with a strong balance sheet as well as undrawn committed credit facilities, resulting in a resilient balance sheet and a strong liquidity position.

 

KPN issues today's statement in response to a dialogue that it has had with the unions regarding labour-related measures that KPN has taken or considers taking in relation to COVID-19. In this context, a number of potential scenarios have been discussed, which unfortunately have become public. KPN stresses that it is premature to draw any conclusion on such scenarios.

 

KPN will publish its Q1 2020 trading update on Thursday 30 April 2020.

 

For more information:
KPN Royal Dutch Telecom
Investor Relations
Wilhelminakade 123
3072 AP Rotterdam
E-mail: 

 



Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

1018917  08-Apr-2020 

fncls.ssp?fn=show_t_gif&application_id=1018917&application_name=news&site_id=research_pool
EN
08/04/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Royal KPN NV

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

AEGON: Uneventful results, US weaker, underlying OCG in line / Air France-KLM: Productivity gains starting to filter through / Arcadis: Weak revenues and EBITA, but strong NWC / Ascencio: Results in line, no concerns on Carrefour Belgium exposure / Azelis: Persisting softness in 4Q25, continued focus on costs and cash / BAM Group: Solid 2H25 results, 2026 outlook in line / Belgian telecoms: Telenet improved net adds, to relist as part of Ziggo in 2027, Liberty to sell half of its 66% Wyre stake ...

David Vagman ... (+2)
  • David Vagman
  • CFA

KPN/Delivering on 2027, Delta still a question mark/HOLD

The stock has rerated in line with the Telecoms sector, +15% YTD, which we factor in with a lower WACC, despite some limited cuts in estimates for 2026 following the CMD and 4Q25 results. KPN deservedly trades at best in class European telecom multiples but we don't see much room for further outperformance. We are in line with management and consensus on the guidance of 7% FCF CAGR to 2027, indirect cost savings offsetting more intense competitive pressure, but are more prudent on the 2027-30 ta...

 PRESS RELEASE

KPN reports on progress of € 250m share buyback

KPN reports on progress of € 250m share buyback KPN has repurchased 1,000,000 KPN ordinary shares in the period from 9 February to 13 February 2026. The shares were repurchased at an average price of € 4.58 per share for a total consideration of € 4.6m. These repurchases are part of the € 250m share buyback started on 29 January 2026 and reflect KPN's commitment to structurally return additional capital to its shareholders. The total number of ordinary shares repurchased until 13 February 2026 is 2,400,000 for a total consideration of € 10.6m. Aggregated transaction details of the share b...

 PRESS RELEASE

KPN announces results of its Tender Offer

KPN announces results of its Tender Offer NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT Introduction On 3 February 2026, Koninklijke KPN N.V. (“KPN”) announced offers to holders of its outstanding £ 400m 5.00% notes due 2026 (ISIN: XS0707430947) (of which £250,000,000 in nominal amount currently remains outstanding) and £ 850m 5.75% notes due 2029 (ISIN: XS0451790280) (of which £549,996,000 in nominal amount currently remains outstanding) (together the "N...

 PRESS RELEASE

KPN announces Indicative Results of its Tender Offer

KPN announces Indicative Results of its Tender Offer Koninklijke KPN N.V. announces indicative results of its tender offer for its £850,000,000 5.75 per cent. Notes due 2029 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (the United States) OR IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION W...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch