Royal KPN NV ( (KKPNY) ) has released its Q4 earnings. Here is a breakdown of the information Royal KPN NV presented to its investors.
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Royal KPN NV is a leading telecommunications and IT services provider in the Netherlands, recognized for its extensive fiber-optic network and commitment to customer-centric digital solutions.
In its latest earnings report for the fourth quarter and full year 2024, KPN reported robust financial performance, with service revenues increasing by 3.4% year-over-year. The company also achieved an adjusted EBITDA AL of €2,508 million, marking a 3.6% increase from the previous year, alongside a free cash flow of €900 million.
Key highlights from the report include a 4.4% year-on-year growth in consumer service revenue for Q4, supported by a strong increase in the postpaid and broadband customer base. The business segment also showed resilience with a 2.5% growth in service revenue, driven by successful integration of IT solutions. KPN continues to lead the Dutch fiber market, expanding its footprint significantly by connecting a record number of homes.
Looking ahead, KPN remains optimistic about its strategic plans, projecting a service revenue growth of around 3% for 2025, with an adjusted EBITDA AL target of approximately €2,580 million. The company plans to return all free cash flow to shareholders through dividends and a new share buyback program, reinforcing its commitment to delivering sustainable value.
Overall, KPN’s performance in 2024 underscores its ability to execute its strategic objectives effectively, positioning the company well for continued growth and shareholder returns in the coming years.
