Koninklijke KPN NV
F:KPN
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
3.42
4.273
|
| Price Target |
|
We'll email you a reminder when the closing price reaches EUR.
Choose the stock you wish to monitor with a price alert.
This alert will be permanently deleted.
Koninklijke KPN NV
Once upon a time in the Netherlands, telecommunications wove its intricate web through Koninklijke KPN NV, a company that has become a silent architect of connection in the digital age. Founded in the late 19th century, KPN has evolved from its historic roots as a state-run postal, telegraph, and telephone service into a private powerhouse of modern telecommunications. It sits at the forefront of the Dutch market, providing landline and mobile voice and data services, internet, and television. With a robust infrastructure that includes fiber optics, KPN ensures that the Netherlands stays interconnected. Central to its operations is the seamless integration of these services, catering to both consumers and businesses, as it champions data and connectivity in an ever-digitizing economy.
Financially, KPN thrives on its comprehensive service offerings. Revenues spring from multiple tributaries, primarily anchored in mobile and fixed-line broadband services. The company's mobile division generates income from postpaid and prepaid connections, enhanced by value-added services such as data plans and mobile streaming. Its fixed-line services harvest profits from internet subscriptions, bundled packages that often include digital TV, and voice telephony. Corporate clientele fortify KPN’s financial scaffold, relying on its secure networks and innovative ICT solutions. This enterprise segment leverages cloud services, cybersecurity measures, and other tailored digital transformations to draw in higher-margin contracts. KPN remains vigilant, continuously investing in technology to meet the rising demand for faster speeds and agile digital solutions, thus securing its position as a central node in the Dutch digital ecosystem.
Once upon a time in the Netherlands, telecommunications wove its intricate web through Koninklijke KPN NV, a company that has become a silent architect of connection in the digital age. Founded in the late 19th century, KPN has evolved from its historic roots as a state-run postal, telegraph, and telephone service into a private powerhouse of modern telecommunications. It sits at the forefront of the Dutch market, providing landline and mobile voice and data services, internet, and television. With a robust infrastructure that includes fiber optics, KPN ensures that the Netherlands stays interconnected. Central to its operations is the seamless integration of these services, catering to both consumers and businesses, as it champions data and connectivity in an ever-digitizing economy.
Financially, KPN thrives on its comprehensive service offerings. Revenues spring from multiple tributaries, primarily anchored in mobile and fixed-line broadband services. The company's mobile division generates income from postpaid and prepaid connections, enhanced by value-added services such as data plans and mobile streaming. Its fixed-line services harvest profits from internet subscriptions, bundled packages that often include digital TV, and voice telephony. Corporate clientele fortify KPN’s financial scaffold, relying on its secure networks and innovative ICT solutions. This enterprise segment leverages cloud services, cybersecurity measures, and other tailored digital transformations to draw in higher-margin contracts. KPN remains vigilant, continuously investing in technology to meet the rising demand for faster speeds and agile digital solutions, thus securing its position as a central node in the Dutch digital ecosystem.
2025 Results: KPN delivered on its 2025 outlook with group service revenue up 2.7%, adjusted EBITDA and free cash flow exceeding guidance, and a EUR 10 million reduction in indirect costs.
2026 Guidance: The company expects 2–2.5% group service revenue growth, EBITDA of approximately EUR 2.67 billion, CapEx around EUR 1.25 billion, and free cash flow of over EUR 950 million in 2026.
Shareholder Returns: KPN plans a 10% increase in the 2026 dividend to EUR 0.20 per share and a new EUR 250 million share buyback program starting in 2025.
Cost Savings: Management is targeting EUR 100 million in annual indirect OpEx savings by 2030, with EUR 15–20 million expected in 2026 from digital transformation and workforce reductions.
Broadband & Mobile: Record broadband net adds and continued ARPU stability contributed to growth; mobile service revenue grew 2.9% in Q4, helped by price increases and subscriber gains.
Market Environment: The Dutch telecom market remains competitive, but KPN's focus on customer base management and network quality is credited for lower churn and improved Net Promoter Score.
CapEx Step-down: Major fiber rollout phase is ending, with CapEx to fall below EUR 1 billion in 2027, expected to further boost cash generation and returns.
