Helios Towers plc (HTWS) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi everyone and welcome to our Q1 2025 earnings call. I'm Tom Greenwood, Group CEO and I hope you and your families are doing well and thank you very much for joining us today. We're very pleased to share our Q1 results with you today. We've had a strong start to the year and I'm particularly encouraged by the consistency of performance and the clear line of sight we continue to have on our strategic and financial objectives. Additionally, we're entering our 10th year of delivering consistent, unbroken EBITDA growth year on year, despite all the macro challenges that have been thrown at us over that period. COVID, oil price volatility, FX volatility, and then the global inflation that followed. Q125 sets us up well for another strong year of EBITDA growth and continuing to build on the surplus free cash flow generation that we saw last year. 2024 was the year we inflected from cash consumptive high investment growth to free cash flow generation and in Q1 2025 we're continuing that trend. We're operating with a model that not only delivers predictable top and bottom line growth but is also increasingly converting that into surplus free cash flow giving the strength of our business model. and that really sets the stage for the next phase of our capital allocation policy, being that of shareholder return. We're now finalizing the engagement process with our shareholders and potential new investors and look forward to communicating our updated capital allocation policy with you later this year. So moving to slide two, we've got the same usual lineup, myself, Manjit and Chris, and we'll take a look now at the agenda on slide three. We'll begin with a strategic and operational overview then Manjit will talk through the financials in more detail and we'll end with time for ...