KPN : Q3 growth not as buoyant as Q2 but on track to meet FY guidance
>On track to meet FY guidance - KPN is set to reports its Q3 results on 28 October. We expect the company to report adjusted revenue and adjusted EBITDAaL of €1,401m and €639m respectively, which reflects 2.8% and 1.6% YoY growth. These numbers compare with consensus revenue and adjusted EBITDAaL of €1,405m and €639m respectively so we are in line. We expect management to reiterate its FY24 guidance of approximately 3% revenue growth, adjusted EBITDAaL of approx. €2,5...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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