KPN expects 'slight' core earnings growth in 2023

- Dutch telecom company KPN NV on Wednesday reiterated its 2022 outlook, but said it expected"slight" growth in core earnings next year as it works to offset inflation, especially in energy.

The group had previously said it targeted adjusted earnings before interest, taxes, depreciation and amortisation and after leases of more than 2.40 billion euros for the current year and of more than 2.45 billion for 2023. KPN will specify its 2023 outlook when it publishes it fourth-quarter results in January, it said in a statement.

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