The group is confirming its recovery in terms of EBITDA. KPN’s Simplification programme is bearing fruit with a solid EBITDA margin (at 41.1% this quarter). We maintain our opinion at Add on the stock with a 10% upside.
26 Jul 2018
Still on track to realise €350m run-rate savings by end 2019
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Still on track to realise €350m run-rate savings by end 2019
Royal KPN NV (KPN:WBO) | 0 0 1.1% | Mkt Cap: 10,881m
- Published:
26 Jul 2018 -
Author:
Jean-Michel Salvador -
Pages:
3
The group is confirming its recovery in terms of EBITDA. KPN’s Simplification programme is bearing fruit with a solid EBITDA margin (at 41.1% this quarter). We maintain our opinion at Add on the stock with a 10% upside.