Brief: KPN Ups 2025 EBITDAAL Guidance Following Start Of New Tower Company With ABP

Koninklijke KPN NV

14/02/2025 06:35

Feb 14 (Reuters) - Koninklijke KPN NV  KPN.AS :
    * REG-KPN AND ABP ANNOUNCE START OF NEW TOWER COMPANY
“ALTHIO”
    * JOINT VENTURE ALTHIO STARTS OPERATIONS TODAY
    * RAISES 2025 GUIDANCE TO EBITDA AL OF €2,600M AND FREE CASH
FLOW
OF €920M
    * KPN RAISES ITS FULL YEAR 2025 GUIDANCE
    * REITERATING OUTLOOK FOR GROUP SERVICE REVENUE GROWTH OF
APPROXIMATELY 3% AND CAPEX OF APPROXIMATELY EUR 1.25BN
    * NET DEBT WILL INCREASE BY UP TO EUR 300M
    * CONSOLIDATION OF ALTHIO WILL HAVE A MODEST POSITIVE
CONTRIBUTION
TO KPN'S FUTURE FINANCIAL RESULTS

Source text:  ID:nGNENbdzJ 
Further company coverage:  KPN.AS 

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