Janine Furtier

“On the slide, you see on the left the Q2 results and then H1 on the right side. I'll mostly focus on Q2, but we'll make a couple comments around H1 as well.”

“I think Andre spoke about it already in general a very busy quarter Q1 but in general we're pleased with the results and are able to post a stable revenue line with a growing EBITDA line at 2.5% on the back of lower OPEX which is on the one hand driven by a continued focus on reducing our OPEX whilst also benefiting…”

“When we look at the first slide here, André spoke about it already. We have achieved all of our guidance metrics and are proud of that. That was driven by a strong quarter in terms of revenue with 0.5%, leading to a 1.1% decline for the full year.”

“Before we dive into the financials, I think as a quick remembrance, last year in Q3 was when we made all of our final adjustments to switch from US GAAP back to IFRS in preparation of our spin-off from Liberty Global. and as such the Q3 results are impacted by the rebasing that has happened to get us ready for that…”

“Now, there is a significant difference between those two because only part, and I'll talk about in a second which those are, only part of the share-based compensation is through labor cost or short-term compensation.”