Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  Royal KPN    KPN   NL0000009082

ROYAL KPN (KPN)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

KPN KON : Annual Results 2012

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/06/2013 | 12:57pm CEST

Den Haag, 5-2-13



Aligning financial position with strategy

Highlights

2012 performance
• Mixed performances across the Group
• Stabilizing domestic market positions, strong growth in TV
• Highly valuable spectrum acquired in The Netherlands
• Financial outlook largely achieved, supported by asset disposals
Strategic review
• The Netherlands expected to stabilize towards 2014
• Next phase German strategy; service revenue growth expected at lower margin
• EUR 4bn rights issue supporting financial position and strategic flexibility
• Revised strategic market objectives



Message from the CEO, Eelco Blok
"In 2012, KPN continued to face a challenging environment. The adverse macro-economic conditions continued to weigh on consumer confidence and on the investment plans of our business customers. Moreover, competition intensified in our mobile markets. The financial performance of our businesses in 2012 was largely within the outlook ranges, though supported by asset disposals and somewhat below our expectations at the start of the year. Operationally, we have made good progress in executing our strategy by taking steps to stabilize our domestic market positions; however we have seen a slow-down in revenue growth in Germany.

We are experiencing lower underlying profitability in each of our three main markets. Partly, this is a result of the sustained pressures described above. However, it additionally reflects the costs of positioning ourselves for the future by implementing our operational strategy - investments in customer acquisition and service, network and IT costs, and strategic investments including spectrum and fiber. In The Netherlands, we are approaching a new balance between a focus on market positions and achieving stable performance. In Germany and Belgium, the next phases in our Challenger strategy are being implemented to fuel underlying growth in 2013 and beyond.

In order to execute on our strategy and position KPN for future growth, we need to strengthen the balance sheet. In recent years, KPN's financial position has been impacted by rising debt levels combined with increased commercial investments. The EUR 4bn rights issue announced today and our earlier announcements of a lower dividend outlook will support our financial position in the coming years."

Press Release for download here: www.kpn.com/results.htm

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ROYAL KPN
07/17 European telecoms CEOs call for spectrum reform as governments waver
07/05 ROYAL KPN : WeChat –Chinese largest Internet social software – will ..
07/05 ROYAL KPN : KPN announces partnership regarding WeChat Go in Europe
06/29 ROYAL KPN : KPN acquires internet service provider Solcon
06/02 KONINKLIJKE KPN : KPN proposes to appoint Mr Edzard Overbeek to the Supervisory ..
05/30 KONINKLIJKE KPN : Industry leaders to join forces with startups to boost innovat..
05/17 KONINKLIJKE KPN : ex-dividend day for special dividend
05/12 KONINKLIJKE KPN : KPN declares special interim dividend of EUR 0.017 per share u..
04/26 KONINKLIJKE KPN : First Quarter 2017 Results
04/21KONINKLIJKE KPN N.V. : quaterly earnings release
More news
News from SeekingAlpha
2016 Monthly Pay Dividend Dog Brokers Cast REITs As Top November Gainers
2016 KPN - Is A Dutch Telecom Provider The Next One To Be Acquired?
2016 Monthly Pay Dividend SML Dogs Retreat Like Dow Dogs After Halloween
2016 Vodafone sells Dutch wireline operations to Deutsche Telekom
2016 MONTHLY DIVIDEND STOCKS : 3 November Lists
Financials (€)
Sales 2017 6 628 M
EBIT 2017 914 M
Net income 2017 467 M
Debt 2017 6 272 M
Yield 2017 4,29%
P/E ratio 2017 26,49
P/E ratio 2018 22,93
EV / Sales 2017 2,86x
EV / Sales 2018 2,86x
Capitalization 12 670 M
Chart ROYAL KPN
Duration : Period :
Royal KPN Technical Analysis Chart | KPN | NL0000009082 | 4-Traders
Technical analysis trends ROYAL KPN
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 3,39 €
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Eelco Blok Chairman-Management Board & CEO
Duco W. Sickinghe Chairman-Supervisory Board
Joost F. E. Farwerck Chief Operations Officer
Jan Kees de Jager Chief Financial Officer
Derk J. Haank Vice Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
ROYAL KPN5.44%14 738
VERIZON COMMUNICATIONS-17.16%180 390
NIPPON TELEGRAPH AND TELEPHONE CORP10.14%101 314
DEUTSCHE TELEKOM-3.79%87 152
TELEFONICA6.41%54 998
SINGAPORE TELECOMMUNICATIONS LIMITED6.59%46 411