Koninklijke Kpn Nv (KKPNF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Your line is muted. Call recording is on. Good day, ladies and gentlemen. Welcome to the KPN's first quarter earnings call webcast and conference call. Please note that this event is being recorded. At this time, all participants are in listen-only mode. We will facilitate a question and answer session towards the end of today's prepared remarks. If you would like to ask a question, you may do so by pressing pound key five on your telephone keypad. I will now turn the call over to your host for today, Matthijs van Leeuwenhorst, Head of Investor Relations. Please go ahead. Yeah, thanks, operator. Good afternoon, ladies and gentlemen, and thank you for joining us for KPN's first quarter results webcast. With me today are our CEO, Joost Vaarwerk, and our CFO, Chris Vigée. Before we begin, please note the safe harbor statement on page two of the slides. Today's remarks may include forward-looking statements, including KPN's expectations regarding its outlook and ambitions, as also set out in the press release published this morning. All such statements are subject to the safe harbor. With that, let me hand over to our CEO, Joost Farberg. Yeah, thank you, Matthijs, and welcome, everyone. Let me start with the highlights of this first quarter of the year. Group service revenues increased by 0.6% with contributions from consumer, SME and wholesale. Consumer trends were positive with healthy broadband and postpaid inflow, reflecting our continued focus on loyalty, base management and secure propositions. In business, SME remained strong, and as expected, overall growth was impacted by a decline in the low-margin tailored solution segments, and wholesale continued to grow, driven by international-sponsored roaming mainly. We delivered solid EBITDA growth and maintained tight ...