KPN : Preview Q3 2021 results – trends seem to have developed in line with Q2
>Q3 results set to be released on 26 October - KPN is set to release its 3Q21 results next Tuesday 26 October, and from a recent conversation with the company we understand that the relatively positive operational developments in Q2 2021 continued into Q3. Our Q3 revenue forecast is € 1,298m, flat yoy and in line with consensus at € 1,293m. Our adjusted EBITDAaL forecast stands at € 599m, in line with € 598m in 3Q20, and some 1% below consensus at € 605m....Koninklijke KPN is an integrated information and communications technology service provider. Co. provides its consumer customers data broadband services, IPTV services, mobile (voice, data and SMS) and fixed line telephony. Co. provides its business customers broadband services, mobile, fixed line and data services. Co. operates in the following segments: Consumer Mobile, which provides mobile services and products; Consumer Residential, which provides services in and around the house; Business, which provides fixed and mobile telephony services; NetCo, which includes fixed wholesale services; Belgium, which provides mobile telephony; and iBasis, which provides wholesale network services.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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