Koninklijke Kpn Nv (KKPNF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen. Welcome to KPN's third quarter earnings webcast and conference call. Please note that this event is being recorded. At this time, all participants are in lesson-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 may do so by pressing star 1 on your telephone. I will now turn the call over to your host for today, Matthias von Leunhorst, Head of Investor Relations. You may begin. Yeah, thank you. Good afternoon, ladies and gentlemen. Thank you for joining us today. Today we published our Q3 results. With me today are Jo Starwerk, our CEO, and Casey Gay, our CFO. And as usual, before we begin the 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. Thank you, Mathijs, and welcome, everyone. Let's start with the highlights of the last quarter, third quarter. Our group service revenues increased by 1.7% with growth across all the segments. In the mix, consumer was supported by ongoing commercial momentum, both in broadband and mobile. Business was driven by mainly SME and LCE, As expected, growth slowed in the third quarter mainly due to the tailored solutions parts, and wholesale continued to grow mainly driven by sponsored roaming. Our EBITDA grew by 2.3% on a comparable basis, and as expected, our free cash flow rebounded in the third quarter up 12% ye...