Koninklijke Kpn Nv (KKPNF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen, and welcome to KPN Second Quarter Earnings Webcasting Conference Call. Please note that this event is being recorded. At this time, all participants are in listen-only mode. We will be facilitating a question-and-answer session towards the end of today's prepared remarks. If you would like to ask a question, you might do so by pressing star 1 on your telephone keypad. I will now turn the call over to your host for today, Mathis Van Negenhorst. Head of Investor Relations. You may begin, sir. Thank you. Good afternoon, ladies and gentlemen. Thank you for joining us today. Welcome to KPN's Q2 and a half year 2025 results webcast. With me today are Joost Harweg, our CEO, and KSPG, our CFO. As usual, before we begin our presentation, I would like to remind you of the safe harbor on page two of the slides. which applies to any statements made during this presentation. In particular, today's presentation may include forward-looking statements, including KPM's expectations regarding its outlook and ambitions, which were also included in the press release published this morning. All such statements are subject to the safe harbor. Now, let me hand over to our CEO, Joost Farberg. Joost Farberg Yes, thank you, Matthijs, and welcome, everyone. Let's start with the highlights of the second quarter. We levered a strong quarter. Our group service revenues increased by 3.7%, with growth visible across all segments. And within the mix, consumers saw a quarter of good commercial momentum, both in fixed and mobile. Business continued to perform strongly, driven by all business divisions, and wholesale further accelerated. As a result, we delivered strong EBITDA growth and alongside our operational performance, our EBITDA benefited from a favorable legal s...