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KPN reports Q3 earnings in line with expectations -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – The KPN logo can be seen in Rotterdam (Netherlands), January 30, 2019. REUTERS/Piroschka van de Wouw

AMSTERDAM (Reuters – KPN NV is the biggest Dutch telecommunications firm and reported core earnings for its third quarter of 607 millions euros ($706M) on Tuesday, in line to expectations.

An analyst poll by company had shown that the number of adjusted earnings (before interest, taxes and depreciation), amortization, and leases (EBITDAL), was 605 million euro for the three month ended September 30.

EBITDA for the same period in 2020 was 598 millions euros.

($1=0.8593 euros)

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