AJ Patel

“I wondered if you could just come back to the data center slide that you put out and just maybe go through the levers of value creation that occur here. So, like, is it that as these assets become more advanced, you benefit from maybe a land sale?”

“Firstly, I just want to focus on capital allocation again. I'm not sure I'm fully appreciating everything here. So it looks like over the course of 26, you're going to be towards $2 billion in net cash.”

“Look, I think when I look at what you presented, the opportunity is clear, right? Even if you deliver similar revenues in the future and your margin targets, you double the EBIT that you achieved in 2025.”

“Look, I think when I look at what you presented, the opportunity is clear, right? Even if you deliver similar revenues in the future and your margin targets, you double the EBIT that you achieved in 2025.”