KPN : Tone of voice toned down
>A € 50-60m higher energy bill in 2023 lowers EBITDAaL by some 2% - With 77% of next year’s energy bill hedged and the intention to opportunistically buy the remaining 23% at spot rates, management expects the 2023 energy bill to be approximately € 90-95m versus an estimated € 40m in 2022. This additional € 50-60m reduces group EBITDAaL by some 2%, which caused management to lower its ambition for 2023. It now expects slight growth in EBITDAaL (which we believe to be ...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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