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 completes € 250m share buyback

KPN completes € 250m share buyback Today, KPN announces the completion of its € 250m share buyback, which commenced on 25 February 2025 and was completed on 25 July 2025. In total, KPN has repurchased 62,465,117 ordinary shares at an average price of € 4.00 per share. The share buyback reflects KPN's commitment to structurally returning additional capital to its shareholders and was executed by an intermediary on behalf of KPN. KPN intends to cancel 61,465,117 of the repurchased shares to reduce its capital. The remaining 1,000,000 repurchased shares will be retained to cover employee shar...

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