Cellnex Telecom, S.A. (OTCPK:CLNXF) Q1 2025 Earnings Conference Call May 9, 2025 3:30 PM ET
Company Participants
Juan Gaitan – Director of Investor Relations
Marco Patuano – Chief Executive Officer
Raimon Trias – Chief Financial Officer
Conference Call Participants
Maurice Patrick – Barclays
Andrew Lee – Goldman Sachs
Roshan Ranjit – Deutsche Bank
Emmet Kelly – Morgan Stanley
Rohit Modi – Citi
David Wright – Bank of America
Ondrej Cabejsek – UBS
Ottavio Adorisio – Bernstein
Luigi Minerva – HSBC
Fernando Cordero – Santander
Juan Gaitan
Good afternoon, everyone, my name is Juan Gaitan, Director of Investor Relations at Cellnex, and thank you for joining us today for our Q1 2025 Results Conference Call.
Today, I’m joined by our CEO, Marco Patuano; and our CFO, Raimon Trias, who will go through the key highlights of the period, and then we will open the line for your questions. [Operator Instructions]
So, without further ado, over to you, Marco.
Marco Patuano
Thank you. Good morning, good afternoon, everyone, and thank you so much for your time. I started with a key highlight of the first quarter, 2025, which have 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 solid performance across key metrics. We have achieved the remarkable growth with revenues reaching EUR964 million and representing an organic growth of 6.3% in our EBITDA after lease reaching EUR566 million, implying an organic growth of 8.7%. Once again, we delivered on efficiencies, on which Raimon will give you more details.
In Spain, we are implementing a voluntary redundancy plan encompassing
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