KPN: profit dips

7 Nov 2005

Royal KPN has announced that its third quarter profit fell by 9.6% to EUR329 million on the back of a slump in sales from EUR2.96 billion to EUR2.93 billion. EBITDA fell to EUR1.15 billion from EUR1.21 billion a year earlier, although the mobile division posted a 7.4% increase on the back of healthy subscriber growth.

Netherlands, KPN