KPN Royal KPN NV

KPN delivers a strong quarter; full-year 2025 outlook raised

KPN delivers a strong quarter; full-year 2025 outlook raised

  • Continued Group service revenue growth (+3.7% y-on-y), driven by all segments 
  • Consumer service revenues increased 1.3% y-on-y
  • Solid commercial momentum in Consumer broadband (+13k) and postpaid (+37k)
  • Business service revenue growth continues at a high level (+5.7% y-on-y), driven by all divisions
  • Adj. EBITDA AL increased +6.4% y-on-y in Q2 2025, of which +1.4% IPR benefit and +1.0% Althio contribution
  • H1 Free Cash Flow at € 309m, progressing according to plan
  • Leading the Dutch fiber market, now covering two-thirds of the Netherlands
  • Full-year 2025 outlook raised to >€ 2,630m adj. EBITDA AL and >€ 940m FCF, reflecting both IPR benefits and solid underlying progress

Program



12:45 CEST: Registration of attendees

13:00 CEST: 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: Q2 2025 Results

23/07/2025; 7:30h

KPN-N

Attachment



EN
23/07/2025

Underlying

KPNRoyal KPN NV

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

Reports on Royal KPN NV

 PRESS RELEASE
Free
KPN ROYAL KPN NV

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 16 February to 20 February 2026. The shares were repurchased at an average price of € 4.65 per share for a total consideration of € 4.7m. 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 20 February 2026 is 3,400,000 for a total consideration of € 15.2m. Aggregated transaction details of the share ...

February 23, 2026 1 EN
 PRESS RELEASE
Free
KPN ROYAL KPN NV

KPN presents Annual Report 2025: Value of Connection

KPN presents Annual Report 2025: Value of Connection Today, Royal KPN N.V. ("KPN") publishes its 2025 Annual Report: Value of Connection. In a year marked by strong focus on digitalization, AI, resilience and sustainability, KPN once again delivered solid results. Supported by growth across all segments, continued investments in fiber, 5G, cybersecurity and further improvements in customer service, KPN remains firmly on track to deliver on its ambitions. The Annual Report has been prepared in accordance with the CSRD guidelines.  Annual General Meeting of Shareholders On 15 April 2026, KP...

February 23, 2026 1 EN
ING Helpdesk
  • ING Helpdesk
ENX EURONEXT NV
PROX Proximus SA de ... ... (+15)

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 ...

ENX EURONEXT NV
PROX PROXIMUS SA DE DROIT PUBLIC
KPN ROYAL KPN NV
BAMNB KONINKLIJKE BAM GROEP NV
AF AIR FRANCE-KLM SA
GIMB GIMV NV
ARCAD ARCADIS NV
ASC ASCENCIO SCA
VGP VGP NV
KIN KINEPOLIS GROUP NV
OBEL ORANGE BELGIUM SA
BESI BE SEMICONDUCTOR INDUSTRIES N.V.
AZE AZELIS GROUP NV
AGN AEGON N.V.
MICC MAGNUM ICE CREAM COMPANY N.V. (THE)
02/19/26 February 19, 2026 1 EN
David Vagman ... (+2)
  • David Vagman
  • CFA
KPN ROYAL KPN NV

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...

02/17/26 February 17, 2026 1 EN
 PRESS RELEASE
Free
KPN ROYAL KPN NV

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...

February 16, 2026 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch