Koninklijke KPN NV (KKPNY.PK), a Dutch telecommunications company, Thursday reported net profit of 169 million euros for the first quarter, 3.5% lower than 175 million euros in the same quarter a year ago, primarily driven by one-off costs related to the launch of Althio.
Operating profit decreased 13% to 294 million euros from 337 million euros last year.
Adjusted EBITDA AL or adjusted earnings before interest, taxes, depreciation and amortization and after lease expenses grew 4.7% to 634 million euros from 605 million euros in the prior year.
Adjusted revenues were 1.418 billion euros, 3% up from 1.377 billion euros in the previous year.
For 2025, the company continues to expect service revenues to grow about 3% and adjusted EEBITDA AL to be more than 2.6 billion euros.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.