Calnex Solutions plc (CLX) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, good morning, everyone. Welcome to our first half 2025 results conference call. I'm Maria Carabato, Head of Investor Relations, and I'd like to thank you for joining us today. I have our CEO, Marco Patoano, and our CFO, Raimond Trier, on the call. We'll go through a brief summary of our results, and then we'll be open to take your questions after the presentation. As usual, if you'd like to ask a question afterwards, please press your button on your screen and raise your hand. Okay, so without further ado, over to Marco. Thank you. Thank you, Maria. Good morning, everyone, and thank you so much for your time. I'm delighted to start with the key highlights of the first half of the year, which continues to be marked by consistent execution with solid performance across all the key metrics, reflecting our commitment with our objectives. As a reminder, the numbers we are reporting today are impacted by our change of perimeter due to the sale of our business in Ireland in Austria. There is no contribution from Austria for 2025 and Ireland only contributed for the first two months. On a comparable performer basis, we achieved a strong growth in the semester with revenues reaching 1.958 million and representing an organic growth of 6%. And our EBITDA after lease reaching 1.163 million implying organic growth of 8.1%. Our recurring leverage per share improved by 10.2%. We are successfully delivering on our push for more profitable growth with significant improvement in efficiencies, which Raymond will give you more on shortly. In terms of operational developments, we're excited to announce the renewal of our agreement with Odido in the Netherlands. The milestone reinforces CELNEC's long-term industrial alliance with its clients, securing the associated revenues for an...