Welcome to the Q2 and half a year results for 2025 from EuroTeleSites. Let's go briefly through the introduction. I think the revenue growth for the Q2 was 4.8% in comparison to the same quarter in 2024. For the half a year results the numbers are a little better. We were up 5.3% and this is mainly due to the inflation that we have in a master lease agreement with our anchor tenant A1 Bulgaria, part of A1 Telekom Austria Group, which is always on the 1st of April of the year included. We also have the growth of portfolio, the sites that we've been building for them and further third party growth which is one of our big focus through the years. On the CapEx side we are very consistent. We have the 5G upgrades and rollouts for the anchor tenant which is called mandatory upgrades according to our lease agreement and also the rollout of the new sites that we will see a little bit later. For the graph where we compare quarter over quarter, year- over- year, how are we progressing for Q2 of 2025 we built 62 new sites, 27 being the greenfields, 35 being the rooftops which netted 38 sites because some of them were dismantled, most of the cases are rooftops in the large cities. As far as the tenants growth, we have been able to onboard 30 new third party tenants, something that we are. It's a good number but we have to speed up for the rest of the year. Very good news from Moody’s. They've confirmed the rating of EuroTeleSites just as from the beginning and to continue with our digitalization from within. The Sitetracker or asset management platform has been live and it's proven to be functioning very well which will help us be more efficient and be able to run the projects better. The Farseer, which is the business planning tool that automates the financing processes, is something that we are still working on and is going to go live in the next quarter. Next slide please. Overall some nice milestone. 13,700 sites, 17,043 number of tenants and then on the revenue we can see on the bottom some of the financials where we compare 2025 versus 2024. So EBITDA is 83, almost 84% in Q2. EBITDA after leases is 56.3% and the CapEx is very much in line. What we have spent Q2 2024. You will have all this in the presentation so we can continue. This is the slide that I mentioned regarding the sites that explains on the top left you see the total number of sites. How we have grown from same period last year. We have 148 new sites. That's how we reached a milestone of 13,700. On the right is the number of tenants. We are doubling the number of tenants, which means that we are growing the third party significantly better. On the net adds, it is just once we roll out the sites. If we have some which are decommissioned, most of them are temporarily until we find another location. Only a few were permanently decommissioned, dismantled. We see the net debts for June is 38. On the new tenants, you just see the split of the third party, which is 39 for June 2025, and anchor tenant, which is 38. One less on the capex. The blue part is this mandatory upgrades. This is part of the master lease agreement. We have to prepare the sites for 5G for the anchor tenant, for the equipment, and as well bringing third party tenants. We see that the Q2 2025 versus Q2 2024 is almost identical. The rollout is something that we have done a little more. That means all the preparation in the previous year, previous months, is now paying off, that we are able to turn on the site. In comparison with 2024, you see how that Q4 is always for us the one where we roll out the most sites. This is due to all the procedures that have to be reached from the authorities, all the approvals, all the permitting before we can turn on live a site. With this, I will go to the next slide where I will turn to my colleague Lars to discuss a little more the financial details. Thank you. Good morning from my side and also a warm welcome. You have seen the Q2 as well as the first half year 2025 has been a successful and solid year for us so far. I will present to you the financials. I will actually first speak about the half year comparisons and then secondly I also will speak about the quarter over quarter. Let's start with the half year results. 2025. The revenues, as Ivo has mentioned, already has been increasing from EUR 130.7 million - EUR 137.7 million, which is an increase of 5.3% driven by the factors mentioned already. Of course, the contractual inflation adjustments, but also the growth and the ADS that we have been working on that leads to an EBITDA of EUR 111.1 million in first half year 2024 to EUR 118.3 million in the first half year of 2025. The EBITDA margin, as you can see, is solid and stable on a very high level, namely 85.9%. On the next slide we will show you the EBITDA after leases because this is kind of a pass through for us. You can see that there was a slight increase of 74.3% - 79.7% which leads to an EBITDA margin of 57.9%. It is also an increase here. In comparison to the revenue growth and also to the EBITDA growth, you can see that the maintaining of our costs is very solid. You can see that on the EBITDA level, but also after lease level, which means that we can first of all maintain the leases themselves. Also, the new sites are on the same margin as those that we have already in place. That all together leads to a half year cash flow in 2025 of EUR 96.2 million defined as cash flow operations minus capex paid. I think we can be quite satisfied with those numbers as well. The cash flow has slightly improved driven by the growth that I've mentioned. Also, about the positive effects we have been seeing in the working capital. Those are the main effects that reasons the increase from EUR 85 million in the first half year 2024. On the next slide we're now jumping to the Q2 2025 results and there we are doing a Q2 2024 to Q2 2025 comparison. Here you can see that on the revenue side we have gained an increase of 4.8%. Secondly, the EBITDA is slightly below, which means that we are coming from EUR 56.7 million in Q2 2024 to EUR 58.8 million in Q2 2025 which is an increase of 3.7%. We have stated the reason, the reason you can see if you look back into Q1 2025. You see a slightly higher EBITDA. There was a seasonal effect shifted from Q1 to Q2 and that's why the comparison on a percentile level is a bit lower. Also, the next slide when we talk about the EBITDA after leases is a bit lower in comparison to the quarter-over-quarter revenue increase. We have reached EBITDA after leases in the amount of EUR 39.4 million in Q2 2025 and gaining an overall cash flow in Q2 2025 of EUR 46.8 million. Having said so, this is a brief glance into the first actual month of this year. Of course, we keep you posted. Of course, please also have a look into our data book, which will be published online with many more details. Having said this, we will briefly go into the guidance. The guidance is the outlook until the end of the year. You all know those guidance charts, they are more or less unchanged excluding those factors that we have already implemented or have already reached. The operational guidance, we keep what we have already expected at the beginning of the year. What we have already implemented, as Ivo has mentioned, is the software tool. The asset management platform Sitetracker went live in time and in budget in May 2025. We have been working with the new tool since then. Financially, it is also unchanged. Moody’s has maintained the investment-grade rating. Fitch is on its way. We expect an answer from Fitch in the late summer months, early autumn months, and the rest of the numbers remain the same. The CapEx that we will spend until the end of the year is expected to reach around 20% of the revenues. With the revenue growth, you can see that the first half year was positive. We so far keep the track that we expect until year end to grow at around 4%. Having said so, I'm handing back to Moritz. Thank you very much. Thank you, Ivo. Thank you, Lars. Right now we are coming to the questions and answers as I already mentioned. Please press the question mark and type in your questions so we can answer them question by question. We already have the first questions and I will read them out loudly, and afterwards I will ask Ivo and Lars to answer them. The first question which we see is what is the reason behind increased other expense to EUR 584,000 in Q2 from EUR 149,000 in Q1. The reason behind is the one-time effect that we saw in Q2, which means it was linked to a dismantling of two sites that we had to write off after this dismantling. Thank you. The second question, what is the reason behind increased other financial results expenses to around EUR 2 million in Q2 from EUR 400,00 thousand in Q1. We already reported that in the interest of reducing our interest expense in the mid and in the long term we have done a refinancing in the first quarter 2025, and this will lead to improved interest payments over the next two years. The downside effect, what you can see here, was that we had to write off the release costs of the term loan that we have done before. This is a one-time effect that you can see in these categories, financial results. Thank you, Lars. One more question about the gross adds. Can you disclose gross adds and churn for the third parties? Sure. I think on this period we had 42 new tenants and only three of them had churn. On the last question. And. The fourth question that we see currently, what are the exact criteria targets for LTI? Long term incentive program, for instance, tenancy ratio targeting, what accelerate third party revenues. On this part of course when I did the spinoff, people that are very familiar with how the mobile companies were sharing infrastructure before with other mobile companies, their contracts were not set up for tower business company. Our primary objective was to renegotiate the contracts, the legacy contracts, in order to bring up the prices to the arm's length prices, to the market prices for the third party. We can say that we have successfully been able to do so. Including next month when we have one contract left where we will bring up the price to the level of that market, we will successfully be closing and renegotiating all of the prices with our customers, third party. The first step was to try to bring up those revenues up by new contracts. Second was also to offer our infrastructure for new tenancy, new tenant, new third party, and after now our customers have a little more visibility of what is the cost for them. We will be able to hopefully share more of the existing infrastructure. Our tenancy ratio that we always show is only mobile operators. We do not show non mobile operators even though we have such tenants. Please, when you compare tenancy ratio to other tower companies, the others, most of them, they show all other equipment which is not related to the mobile equipment as well. Eventually maybe we will switch the model to be comparing Teta debt. For us the tenancy ratio is now 1.24 and by end of this year we shall reach 1.25. The revenue from the tenancy is accelerating much more than the PUFs or the tenants are accelerating. Thank you, Ivan. I see two more questions, and we will split it up so it's easier to follow. The first question is the development of tenancy ratio in line with your expectation? Yeah, thank you, Nora. I would add on that the tenancy revenue is in line with our expectation. The tenancy ratio per se from the mobile side is close to what we target. I must say that we're focused to make sure that tenancy revenue is there. Thank you. The second part of the question, if you reach a net leverage of 5x earlier than planned and still can't distribute dividends to shareholders, will you continue to deleverage further or target other projects? Thank you for the question. As you all remember from the beginning, from the spin-off, we started with a high leverage and we are thankful to see that we are very well on our track to deleverage. We even deleveraged a bit quicker than expected, down to 6.2x at the end of 2024. We do the leverage calculations once a year, which makes sense because throughout the periods and throughout the seasons you see some ups and downs, of course, with different payments. Please be patient. We will present our latest leverage at the end of 2024 for the result 2025. As you may assume, we're still a bit away from the five times. I think the question is not yet to be answered. We said from the beginning that for the first years we will use the full net income to reduce the debt. That's what we did in the first one and a half years. We are also planning to do so for this year and therewith, of course, for 2024, 2025, no dividend payments have been acknowledged and also no M&A projects. If we reach it, I think it's at the end also a discussion with our main shareholders and with all the shareholders about how to proceed. That's a bit in the future and I think so far we can be very glad and happy to see that the deleveraging is progressing very well. Thank you, Lars. Thank you, Ivo. For the moment, I do not see any further questions. In case you have further questions, please just reach out and we are happy to answer them. Thanks for joining our call and have a nice day. Thank you. Ivo.