Rohit Modi
Analyst at Citi
Replay available
Cellnex Telecom Sa Ord (OTC: CLNXF) Q1 2025 earnings conference call, held 2025-05-09. Replay captured from the company's public earnings webcast.

Analyst at Citi
Analyst at Morgan Stanley
Analyst at UBS
Analyst at Goldman Sachs
Analyst at Barclays
Analyst at Deutsche Bank
Analyst at Bank of America
Analyst at Santander
CFO
CEO
Director of Investor Relations
Analyst at Bernstein
Analyst at HSBC
Good afternoon, everyone. My name is Juan Gaitán, Director of Investor Relations at Celnex, and thank you for joining us today for our KeyOne 2025 Results Conference call. Today, I'm joined by our CEO, Marco Patuano, and our CFO, Ramon Trujas, who will go through the key highlights of the period, and then we will open the line for your questions. If you wish to ask a question, please press star five on your screen to raise your hand. So without further ado, over to you, Marco. Thank you, good morning, good afternoon everyone and thank you so much for your time. I start with a key highlight of the first quarter 2025 which has been marked by consistent execution reflecting our commitment with our objective. Let me remind that our reported numbers are impacted by a change of perimeter And there is no contribution for Austria this year and Ireland has only contributed two months in 2025. On a like-for-like basis, the quarter has been characterized by a solid performance across key metrics. We have achieved the remarkable growth with revenues reaching 964 million and representing an organic growth of 6.3% in our EBITDA after lease, reaching 566 million, implying an organic growth of 8.7%. Once again, we delivered on efficiencies on which Raymond will give you more details. In Spain, we are implementing a voluntary redundancy plan encompassing around 200 people, which is another example of our efforts to continuously optimize our operations focusing exclusively on our core activities and improving our performance. A notable achievement has been the successful completion of the sale of our operation in Ireland. this strategic move allow us to further streamline our portfolio focusing on core markets where we can drive the most of the value and generate financial flexibility...