KPN Posts Strong Q2 2025 Results, Raises Full-Year Outlook

KPN reported a strong Q2 2025 with group service revenue growth at 3.7% YoY, driven by all segments. Consumer service revenues increased 1.3% YoY, with commercial momentum in broadband and postpaid. Business service revenue growth was 5.7% YoY, driven by all divisions. Adjusted EBITDA AL increased 6.4% YoY, and H1 free cash flow was €309m. The full-year 2025 outlook was raised to >€2,630m adj. EBITDA AL and >€940m FCF.

Royal KPN N.V. (KPN) reported robust performance for the second quarter of 2025, with group service revenue growth of 3.7% year-over-year (YoY). The company's consumer service revenues increased by 1.3% YoY, driven by strong momentum in broadband and postpaid services. Meanwhile, business service revenue grew by 5.7% YoY, with all divisions contributing to this growth [2].

KPN's adjusted EBITDA AL (Earnings Before Interest, Taxes, Depreciation, and Amortization, Adjusted) increased by 6.4% YoY, while the company's H1 free cash flow reached €309 million. The full-year 2025 outlook was raised to €2,630 million adjusted EBITDA AL and €940 million free cash flow, reflecting the company's strong financial performance [2].

The company's positive results were driven by consistent growth across all segments, with consumer services showing resilience and business services demonstrating strong momentum. KPN's strategic focus on broadband and postpaid services, along with its diversified revenue streams, contributed to its solid performance.

KPN's stock price has seen a positive trend, with a 17.09% increase in the current year. The company's valuation metrics, such as the P/E ratio and EV/Sales ratio, remain attractive, reflecting investor confidence in KPN's growth prospects [2].

The company's management team, led by CEO Joost F. E. Farwerck and CFO Chris Figee, has guided KPN through a period of strong growth and resilience. The company's strategic initiatives, including its share buyback program and investments in new technologies, have positioned KPN for continued success [2].

KPN's strong Q2 2025 performance and raised full-year outlook are a testament to the company's ability to navigate market challenges and capitalize on growth opportunities. As KPN continues to execute its strategic initiatives, investors can expect to see further improvements in the company's financial performance.

References:
[1] https://www.gurufocus.com/news/2985354/marsh-mclennan-mmc-reports-strong-q2-2025-performance-with-revenue-growth
[2] https://www.marketscreener.com/r/111962801