Calnex Solutions plc (CLX) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone. My name is Juan Gaitán. I'm the next Director of Investor Relations, and I would like to thank you for joining us today for our Q3 2024 Resource Conference call. Today, I'm joined by our CEO, Marco Patuano, and our CFO, Raimond Rias, who will discuss the main highlights of the period, and then we will open the line for your questions. As a reminder, if you wish to ask a question, please press star five on your keyboard. So without further ado, over to you, Marco. Thank you. Thank you. Good afternoon, everyone. So let me please start providing the main business highlights of the period. Q3 confirms once again our capacity to generate solid results, proving the attractiveness of our business model and the alignment for the achievement of all our public targets. Our commercial performance continues to be consistent, coming hand in hand with robust operational execution. POP are increasing 9.5% compared to last year, 6.3% in terms of equivalent POPs. And our main sources of co-location have been DJ in Portugal and Plus in Poland. In terms of BTS, we see strong progress from Wig and Iliad in France and from Play in Poland. Our organic revenues, excluding the impact from the disposable sites in France during the period and other effects, have been increased by 7.4%. Our organic NBDA after leases increased 9.8%, recurring level free cash flow now reached 1.256 million euros and the free cash flow is 326 million euros. We're on track to meet our short and medium term targets. We recently started our capital market day and it can also assure us that we are fully committed with our objectives and with a consistent delivery quarter after quarter in order to continue building the trust. So let's move to the portfolio optimization and capital allocation ...