Although Q1 revenues had decreased by 2.6% yoy while the EBITDA had declined slightly more by 4.5%, it was the opposite in Q2 with revenues down more than expected by 4.3% yoy but a better EBITDA down by only 1.7%. Once again, growing Consumer revenues were offset by the impact of the ongoing decline in the size of the business market. So, as in the two previous quarters, a mixed release.
27 Jul 2016
Consolidating its market shares on the consumer side
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Consolidating its market shares on the consumer side
Royal KPN NV (KPN:WBO) | 0 0 1.1% | Mkt Cap: 10,881m
- Published:
27 Jul 2016 -
Author:
Jean-Michel Salvador -
Pages:
2
Although Q1 revenues had decreased by 2.6% yoy while the EBITDA had declined slightly more by 4.5%, it was the opposite in Q2 with revenues down more than expected by 4.3% yoy but a better EBITDA down by only 1.7%. Once again, growing Consumer revenues were offset by the impact of the ongoing decline in the size of the business market. So, as in the two previous quarters, a mixed release.