Dutch telecom KPN targets ‘slight’ earnings growth in 2023
Dutch telecom company KPN NV on Wednesday confirmed its 2022 outlook as its third-quarter earnings beat expectations, and said it expected “slight” growth in core earnings next year as it works to offset inflation, especially in energy.
The largest telecom provider in the Netherlands had previously said it targeted adjusted earnings before interest, taxes, depreciation and amortisation and after leases (EBITDAAL) of more than 2.40 billion euros ($2.39 billion) this year, and of more than 2.45 billion in 2023.