AMSTERDAM--Dutch telecommunications firm Royal KPN NV (KPN.AE)
Wednesday said its fourth-quarter net loss narrowed to EUR37
million ($42 million) from a EUR108 million net loss a year
earlier.
Revenue rose 2.1% to EUR2.1 billion.
Adjusted earnings before tax, interest, depreciation and
amortization, which excludes incidental items such as restructuring
costs, fell 3% to EUR669 million.
Chief Executive Eelco Blok said KPN's financial performance has
stabilized through 2014 and that he expects to boost dividends in
coming years, supported by an increase in free cash flow.
KPN said it plans to pay a total dividend of EUR0.07 per share
for 2014 followed by a EUR0.08 dividend for 2015.
Write to Maarten van Tartwijk at maarten.vantartwijk@wsj.com
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