Dutch Telco KPN’s Q4 Earnings Up 4% As Mobile Revenues Grow

Dutch Telco KPN's Q4 Earnings Up 4% As Mobile Revenues Grow

AMSTERDAM (Reuters) – Dutch telecom company KPN said on Monday its core profit rose 4% in the fourth quarter, as revenues from mobile services to consumers and companies grew.

KPN’s adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of 584 million euros ($651.92 million) were in line with the average expectation of analysts in a company-compiled poll.

($1 = 0.8958 euros)

(Reporting by Bart Meijer; Editing by Kim Coghill)