Financial Performance - Revenue for Q2 2025 was €2,288 million, a decrease of 9.1% year-over-year (YoY) on a reported basis[7] - Excluding construction, revenue decreased by 7.4% YoY to €2,204 million[7, 15] - EBITDA for Q2 2025 was €801 million[7] - Operating Free Cash Flow (OpFCF) for Q2 2025 was €423 million, an increase of 5.1% YoY[7, 15] - Accrued Capex was €378 million, a decrease of 23.8% YoY[15] Debt and Liquidity - Pro forma net leverage at the end of Q2 2025 was 5.0x on an LTM (Last Twelve Months) basis[8] - Pro forma liquidity was €860 million[8] - Total net debt was €15,813 million with a weighted average life of 5.7 years[22] - Altice France S.A.'s weighted average cost of debt is 7.125%, and Altice France Holding S.A.'s is 9.125%[22] Commercial Performance - Residential mobile postpaid net adds were +17,000 in Q2 2025[11] - Residential fixed net adds were -17,000 in Q2 2025[11]