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Cellnex Telecom, S.A. (CLNXF) CEO Tobias Martinez on Q2 2021 Results - Earnings Call Transcript

Aug. 04, 2021 6:59 PM ETCellnex Telecom, S.A. (CLNXF), CLLNY
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Cellnex Telecom S.A. (OTCPK:CLNXF) Q2 2021 Earnings Conference Call July 29, 2021 5:00 AM ET

Company Participants

Juan Gaitan - IR

Tobias Martinez - CEO

Jose Manuel Aisa - CFO

Alex Mestre - Deputy CEO

Conference Call Participants

Simon Coles - Barclays

Roshan Ranjit - Deutsche Bank

Ottavio Adorisio - Societe General

Giles Thorne - Jefferies

Nick Delfas - Redburn

Fabio Pavan - Mediobanca

Ben Rickett - New Street Research

Emmet Kelly - Morgan Stanley

Giovanni Montalti - UBS

Georgios Ierodiaconou - Citi

Andrew Lee - Goldman Sachs

Juan Gaitan

Good morning, everyone. My name is Juan Gaitan, Director of Investor Relations at Cellnex, and I would like to thank you all for joining us today for our Q2 2021 results conference call in this busy day.

As always, I'm joined by our CEO, Tobias Martinez; our CFO, Jose Manuel Aisa; and our Deputy CEO, Alex Mestre, who will lead today's session.

Throughout our prepared remarks, we will refer to the results presentation we have shared this morning, and then we will open the line for your questions. Please note that this session today needs to have a maximum duration of 1 hour.

And without further ado, over to you, Tobias.

Tobias Martinez

Thank you, Juan. Good morning, everyone, and thank you so much for your time today. Let me please go straight to the main highlights of the period. Our organic growth generation continues to be strong with new PoPs on existing sites and our build-to-suit program generating 7.5% growth. Please note that the main driver behind this strong growth in the period has been the significant contribution from build to suit with around 1,000 new sites transferred in Q2 2021 and taking into consideration that we are delivering such kind of build to suit in the middle of the pandemia, which is remarkable.

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