Millicom International Cellular S.A. (TIGO) CEO Mauricio Ramos on Q2 2022 Results - Earnings Call Transcript

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Q2: 2022-07-28 Earnings Summary

EPS of $0.11 misses by $0.07
 | Revenue of $1.45B (-11.39% Y/Y) misses by $38.73M

Millicom International Cellular S.A. (NASDAQ:TIGO) Q2 2022 Results Conference Call July 28, 2022 8:00 AM ET

Company Participants

Sarah Inmon - IR
Mauricio Ramos - CEO
Sheldon Bruha - CFO

Conference Call Participants

Klas Danielsson - Nordea
Stefan Gauffin - DNB
Vitor Tomita - Goldman Sachs
Marcelo Santos - JPMorgan
Andres Coello - Scotiabank
Mathieu Robilliard - Barclays

Sarah Inmon

Hello, everyone. Thanks for taking the time to connect to our second quarter 2022 Results Conference Call. This event is being recorded. Our speakers today will be our CEO, Mauricio Ramos; and our CFO, Sheldon Bruha. [Operator Instructions]

By now, you should have received a copy of our earnings release, which is available on our website along with the slides that we will be referencing during today’s presentation. If you turn to Slide 2, you can see our safe harbor disclosure. We will be making forward-looking statements, which involve risks and uncertainties and could have a material impact on our results. We will also be referring to many non-IFRS metrics throughout this presentation. We define these metrics on Slide 4 and you can find reconciliation tables in the back of our earnings release and on our website.

With those disclaimers out of the way, let me turn the call over to our CEO, Mauricio Ramos.

Mauricio Ramos

Thank you, Sarah. Good morning and good afternoon, everyone. Thank you for joining us today to discuss our second quarter. Let’s get started right away on Slide 5. Earlier this year we hosted our Investor Day. Back then we shared with you our operational and financial plans to create shareholder value over the next several years. These plans are centered around our clear sense of purpose and reflect our commitment to focus ESG initiatives. The key message today is simply that we are on track to deliver on the commitments, financial and otherwise, that

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