Paris, July 30, 2021, 7:45 a.m.
Acceleration in growth and successful integration of Play
This press release includes financial information as estimated by the iliad Group at June 30, 2021. The estimated results and financial statements contained in this press release were prepared by the iliad Group's Finance Department. The iliad Group's final financial statements for the first half of 2021 will be approved for issue by iliad's Board of Directors on August 4, 2021 and will be published on August 5, 2021. The Group's Statutory Auditors are currently carrying out their review of these financial statements.
ln the first half of 2021, the iliad Group confirmed its unique status as a European telecom operator with strong growth potential.
Œ> Pro forma like-for-like1 growth for Services revenues reached 6.3% in the second quarter, up on the 4.8% increase recorded for the first three months of the year.
Œ> Excluding the consolidation of Poland-based Play, the Group's EBITDAaL rose by 17% and operating cash flow2 edged up by a modest €22 million, with the increase in capex in France offsetting a large portion of the decrease in ltaly's operating lasses.
ln France, growth picked up pace in the second quarter, coming in at 5.0%3, with a rise in revenues for the Fixed business - led by the commercial and financial success of the Freebox Pop and the launch of the B2B activity - and a good value/volume mix for Mobile.
Œ> The Group's first-half 2021 sales performance in France is a tangible result of our ambitious investment strategy aimed at giving us the best infrastructure and the most innovative services.
Ca/culated as if Play had been conso/idated as from January l, 2020 z EBITDAaL less capex (excluding payments for frequencies)
.� Growth În Services revenues