Announcement • Jun 15
Hilde Garssen to Leave as Chief People Officer and Member of the Board of Management of Koninklijke Kpn N.V., Effective September 1, 2026 Royal KPN N.V. announced that Hilde Garssen, KPN’s Chief People Officer and member of the Board of Management, would leave KPN on September 1, 2026. Hilde joined KPN in December 2018 as Chief People Officer and has served on KPN’s Board of Management since December 1, 2019. Live News • May 19
KPN Completes €250 Million Share Buyback With Over 54 Million Shares Repurchased KPN has completed its €250 million share buyback program that started on 29 January 2026 and ended on 18 May 2026.
The company repurchased 54,202,902 ordinary shares at an average price of €4.61 per share.
KPN plans to cancel 52,702,902 of these shares and keep 1,500,000 shares available for employee share plans.
The cancellation of most of the repurchased shares reduces the overall share count, which can increase each remaining share’s claim on future earnings and cash flows.
Retaining a portion for employee share plans also means some dilution over time, so you may want to track how future awards compare with the reduction from the cancelled shares. Reported Earnings • May 02
First quarter 2026 earnings released: EPS: €0.052 (vs €0.048 in 1Q 2025) First quarter 2026 results: EPS: €0.052 (up from €0.048 in 1Q 2025). Revenue: €1.45b (up 2.2% from 1Q 2025). Net income: €200.0m (up 17% from 1Q 2025). Profit margin: 14% (up from 12% in 1Q 2025). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 29
Royal Kpn N.V. Announces Resignation of Rob Shuter from Supervisory Board, Effective April 27, 2026 Royal KPN N.V. announced that Mr. Rob Shuter has resigned from the Supervisory Board, in light of his other commitments. Mr. Rob Shuter has been a member of the Supervisory Board since 2024. Effective date: April 27, 2026. Announcement • Apr 17
Royal KPN N.V. Approves Final Dividend for the Fiscal Year 2025, Payable on 27 April 2026 Royal KPN N.V. at its Annual General Meeting of Shareholders held on April 15, 2026 declared a total dividend over the fiscal year 2025 of €0.182 per ordinary share. As a result, a final dividend of €0.109 per ordinary share will be paid in cash, net of 15% dividend withholding tax, on 27 April 2026. As of 17 April 2026, the shares will trade ex-dividend. Upcoming Dividend • Apr 10
Upcoming dividend of €0.11 per share Eligible shareholders must have bought the stock before 17 April 2026. Payment date: 27 April 2026. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Dutch dividend payers (5.1%). In line with average of industry peers (4.1%). Reported Earnings • Feb 24
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: €0.21 (up from €0.20 in FY 2024). Revenue: €5.80b (up 3.5% from FY 2024). Net income: €800.0m (flat on FY 2024). Profit margin: 14% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.5%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jan 30
Final dividend increased to €0.11 Dividend of €0.11 is 6.9% higher than last year. Ex-date: 17th April 2026 Payment date: 27th April 2026 Dividend yield will be 4.4%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 6.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jan 29
Koninklijke KPN N.V., Annual General Meeting, Apr 15, 2026 Koninklijke KPN N.V., Annual General Meeting, Apr 15, 2026. Announcement • Jan 28
Koninklijke KPN N.V. Provides Earnings Guidance for the Year 2026 Koninklijke KPN N.V. provides earnings guidance for the year 2026. For the year, the company expects Service revenue growth 2% to 2.5%. Reported Earnings • Oct 29
Third quarter 2025 earnings: EPS misses analyst expectations Third quarter 2025 results: EPS: €0.06 (up from €0.05 in 3Q 2024). Revenue: €1.46b (up 2.5% from 3Q 2024). Net income: €236.0m (up 2.2% from 3Q 2024). Profit margin: 16% (in line with 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.5%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 25
Koninklijke KPN N.V. to Report Q4, 2025 Results on Jan 28, 2026 Koninklijke KPN N.V. announced that they will report Q4, 2025 results on Jan 28, 2026 Reported Earnings • Jul 25
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: €0.05 (down from €0.06 in 2Q 2024). Revenue: €1.46b (up 5.9% from 2Q 2024). Net income: €208.0m (down 8.4% from 2Q 2024). Profit margin: 14% (down from 17% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Apr 27
First quarter 2025 earnings: EPS misses analyst expectations First quarter 2025 results: EPS: €0.044. Revenue: €1.42b (up 3.4% from 1Q 2024). Net income: €170.0m (down 2.3% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Telecom industry in Europe. Upcoming Dividend • Apr 15
Upcoming dividend of €0.10 per share Eligible shareholders must have bought the stock before 22 April 2025. Payment date: 28 April 2025. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Dutch dividend payers (5.9%). In line with average of industry peers (4.1%). Reported Earnings • Feb 24
Full year 2024 earnings released: EPS: €0.20 (vs €0.20 in FY 2023) Full year 2024 results: EPS: €0.20. Revenue: €5.63b (up 3.6% from FY 2023). Net income: €848.0m (up 5.7% from FY 2023). Profit margin: 15% (in line with FY 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Telecom industry in Europe. Declared Dividend • Feb 01
Dividend increased to €0.10 Dividend of €0.10 is 4.1% higher than last year. Ex-date: 22nd April 2025 Payment date: 28th April 2025 Dividend yield will be 4.9%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 01
Koninklijke KPN N.V., Annual General Meeting, Apr 16, 2025 Koninklijke KPN N.V., Annual General Meeting, Apr 16, 2025. Announcement • Jan 30
Koninklijke KPN N.V. Provides Earnings Guidance for the Year 2025 Koninklijke KPN N.V. provided earnings guidance for the year 2025. For the year, the company expects Service revenue growth ~3%. Reported Earnings • Oct 29
Third quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2024 results: EPS: €0.05 (in line with 3Q 2023). Revenue: €1.37b (flat on 3Q 2023). Net income: €224.0m (flat on 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Oct 02
Koninklijke KPN N.V. to Report Q4, 2024 Results on Jan 30, 2025 Koninklijke KPN N.V. announced that they will report Q4, 2024 results on Jan 30, 2025 Announcement • Oct 01
Royal KPN N.V. Approves Appointment of Rob Shuter to Supervisory Board Royal KPN N.V. hosted an Extraordinary General Meeting of Shareholders (“EGM”) where KPN shareholders approved the appointment of Mr. Rob Shuter to the Supervisory Board. The appointment is effective immediately and is made for a period of three and a half years, up to and including the Annual General Meeting of Shareholders to be held in 2028. Reported Earnings • Jul 26
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: €0.06 (up from €0.05 in 2Q 2023). Revenue: €1.38b (up 3.4% from 2Q 2023). Net income: €227.0m (up 5.1% from 2Q 2023). Profit margin: 17% (in line with 2Q 2023). Revenue exceeded analyst estimates by 33%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 12
Upcoming dividend of €0.098 per share Eligible shareholders must have bought the stock before 19 April 2024. Payment date: 25 April 2024. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Dutch dividend payers (5.7%). In line with average of industry peers (4.6%). Reported Earnings • Mar 04
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: €0.20 (up from €0.18 in FY 2022). Revenue: €5.44b (up 2.4% from FY 2022). Net income: €802.0m (up 7.4% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. New Risk • Feb 06
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 145% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risks High level of debt (145% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 02
Full year 2023 earnings: Revenues in line with analyst expectations Full year 2023 results: Revenue: €5.48b (up 2.9% from FY 2022). Net income: €842.0m (up 13% from FY 2022). Profit margin: 15% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in Europe. Declared Dividend • Feb 02
Dividend increased to €0.098 Dividend of €0.098 is 3.2% higher than last year. Ex-date: 19th April 2024 Payment date: 25th April 2024 Dividend yield will be 4.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 16% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 7.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Dec 21
Koninklijke KPN N.V. to Report Fiscal Year 2023 Results on Jan 31, 2024 Koninklijke KPN N.V. announced that they will report fiscal year 2023 results at 7:30 AM, Central European Standard Time on Jan 31, 2024 Announcement • Dec 05
Koninklijke KPN N.V. (ENXTAM:KPN) completed the acquisition of Kabeltex B.V. Koninklijke KPN N.V. (ENXTAM:KPN) signed an agreement to acquire Kabeltex B.V. on November 30, 2023. Following completion of the acquisition, KPN will add Kabeltex' fiber networks to its existing offering of wholesale services for fiber. Kabeltex services emain unchanged. Kabeltex customers can continue to rely on the same quality of service and personal attention they are used to.Koninklijke KPN N.V. (ENXTAM:KPN) completed the acquisition of Kabeltex B.V. on December 4, 2023. Announcement • Oct 26
Koninklijke KPN N.V., Annual General Meeting, Apr 17, 2024 Koninklijke KPN N.V., Annual General Meeting, Apr 17, 2024. Reported Earnings • Jul 26
Second quarter 2023 earnings: EPS exceeds analyst expectations Second quarter 2023 results: EPS: €0.05 (in line with 2Q 2022). Revenue: €1.33b (up 1.5% from 2Q 2022). Net income: €216.0m (up 17% from 2Q 2022). Profit margin: 16% (up from 14% in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year. Announcement • Jun 23
Koninklijke KPN N.V. (ENXTAM:KPN) agreed to acquire Dutch activities of Youfone Nederland B.V. Koninklijke KPN N.V. (ENXTAM:KPN) agreed to acquire Dutch activities of Youfone Nederland B.V. on June 22, 2023. The transaction amounts to approximately €200 million in value. The transaction is subject to customary closing conditions, including competition authority approval. Announcement • Jun 21
Koninklijke KPN N.V. (ENXTAM:KPN) agreed to acquire Fiber Network from Primevest Capital Partners. Koninklijke KPN N.V. (ENXTAM:KPN) agreed to acquire Fiber Network from Primevest Capital Partners on June 19, 2023. The transaction is expected to close by the end of June 2023. Announcement • Jun 01
Royal KPN N.V. Announces Board Changes Royal KPN N.V. hosted an Extraordinary General Meeting of Shareholders where KPN shareholders approved the appointment of Ms Marga de Jager to the Supervisory Board. Ms De Jager succeeds Ms Chantal Vergouw who will step down as member of the Supervisory Board to assume the Chief Business Market position at KPN’s Board of Management. The appointment and resignation are effective immediately. Following the EGM, the Supervisory Board decided to confirm the intended appointments of Ms Vergouw and Mr. Stammeijer to the Board of Management effective per 1 June 2023. The appointments are made for a period of four years, up to and including the AGM to be held in 2027. Upcoming Dividend • Apr 08
Upcoming dividend of €0.095 per share at 4.3% yield Eligible shareholders must have bought the stock before 14 April 2023. Payment date: 19 April 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Dutch dividend payers (6.6%). In line with average of industry peers (4.2%). Reported Earnings • Feb 27
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: €0.18 (down from €0.30 in FY 2021). Revenue: €5.32b (up 1.0% from FY 2021). Net income: €747.0m (down 41% from FY 2021). Profit margin: 14% (down from 24% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year. Announcement • Jan 04
Koninklijke KPN N.V. (ENXTAM:KPN) acquired Itzos BV. Koninklijke KPN N.V. (ENXTAM:KPN) acquired Itzos BV on January 3, 2023. Koninklijke KPN N.V. (ENXTAM:KPN) completed the acquisition of Itzos BV on January 3, 2023. Announcement • Nov 05
Koninklijke KPN N.V. to Report Fiscal Year 2022 Final Results on Feb 24, 2023 Koninklijke KPN N.V. announced that they will report fiscal year 2022 final results on Feb 24, 2023 Reported Earnings • Jul 28
Second quarter 2022 earnings: EPS exceeds analyst expectations Second quarter 2022 results: EPS: €0.05 (down from €0.19 in 2Q 2021). Revenue: €1.33b (up 2.7% from 2Q 2021). Net income: €185.0m (down 77% from 2Q 2021). Profit margin: 14% (down from 62% in 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Over the next year, revenue is forecast to grow 19%, compared to a 4.2% growth forecast for the industry in the Netherlands. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 12
Upcoming dividend of €0.091 per share Eligible shareholders must have bought the stock before 19 April 2022. Payment date: 22 April 2022. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Dutch dividend payers (5.4%). In line with average of industry peers (4.0%). Reported Earnings • Feb 24
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: €0.30 (up from €0.13 in FY 2020). Revenue: €5.27b (flat on FY 2020). Net income: €1.27b (up 132% from FY 2020). Profit margin: 24% (up from 10% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.7%. Over the next year, revenue is forecast to stay flat compared to a 4.4% growth forecast for the industry in the Netherlands. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS €0.05 (vs €0.03 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €1.30b (down 2.0% from 3Q 2020). Net income: €131.0m (down 29% from 3Q 2020). Profit margin: 10% (down from 14% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.