Koninklijke KPN NVQ2 net profit slipped and adjusted EBITDA AL edged lower; service revenue growth outlook moderated to ~1.5% from 2-2.5%.

KPN reported a second-quarter net profit of 207 million euros, down from 210 million euros a year earlier, while adjusted EBITDA AL edged 0.3% lower to 668 million euros. Excluding prior-year IP sales and IPR benefits, adjusted EBITDA AL rose 3.4%. Service revenues grew 0.8% to 1.35 billion euros, but adjusted revenues dipped 0.5% to 1.46 billion euros. The company reiterated its fiscal 2026 outlook for adjusted EBITDA AL of approximately 2.67 billion euros, though it moderated its Group service revenue growth expectation to around 1.5% from a previous range of 2% to 2.5%. KPN also confirmed its mid-term financial ambitions and plans a regular dividend of 0.20 euros per share over 2026, with an interim dividend of 0.08 euros per share payable on 3 August 2026.
Koninklijke KPN NVQ2 net profit slipped and adjusted EBITDA AL edged lower; service revenue growth outlook moderated to ~1.5% from 2-2.5%.