KPN maintains commercial momentum; on track to reach FY outlook

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Algemeen advies 28/10/2025 08:49
Group service revenue growth (+1.7% y-on-y in Q3 2025), driven by all segments
Consumer service revenues grew 1.1% y-on-y, supported by continued solid broadband (+11k) and postpaid (+47k) net adds
Business service revenues increased 1.4% y-on-y, driven by SME and LCE
Continued Wholesale service revenue growth (+5.2% y-on-y), mainly driven by sponsored roaming
Adj. EBITDA AL +4.4% y-on-y in Q3 2025, of which +2.6% IPR benefit, +1.1% Althio and -1.7% holiday provision effect
YTD FCF generation at € 606m, or +12% y-on-y
Leading the Dutch fiber market, adding 74k HP and 82k HC to fiber footprint (incl. Glaspoort)
On track to reach FY outlook; strategy update planned on November 5th

see & read more on
https://ir.kpn.com/results-and-reports/quarterly-results/



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