KPN : We expect a relatively subdued set of 1Q21 results
>We expect KPN had a relatively tough first quarter - KPN is set to release its 1Q21 results on Friday 30 April. We do expect FY21 guidance to be maintained, but at the same time, we believe earnings development this year will be second-half weighted. We do not think the 1Q results to surprise on the upside. The consumer market remained highly competitive, with T-Mobile’s attractive offer of unlimited mobile plus fixed for € 50pm, and Vodafone Ziggo’s unlimited deal o...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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