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KPN Q1 Net Profit Up 18%

KPN Q1 Net Profit Up 18% THE HAGUE (dpa-AFX) - Dutch telecom firm Royal KPN NV (KKPNY.PK, KPN) reported that its first-quarter net profit rose 18% to 141 million euros from last year, reflecting higher operating profit supported by lower finance costs and higher other financial result. Operating profit (EBIT) was 235 million euros up 19 million euros from the prior year, as lower adjusted EBITDA AL was more than offset by lower depreciation and amortization charges, and lower P&L restructuring ...
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