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a altice July 28 , 2021 ALTICE FRANCE HOLDING RESTRICTED GROUP Q2 2021 RESULTS Altice France Holding Restricted Group¹ today announces financial and operating results² for the quarter ended June 30 , 2021 . Q2 2021 Key Highlights • • • • Total revenue grew by + 5.2 % YoY in Q2 2021 and Telecom revenue grew by + 4.1 % YoY in Q2 2021 . Residential service revenue grew by + 4.6 % YoY in Q2 2021. Total residential revenue grew by + 5.5 % YoY in Q2 2021 . Total EBITDA grew by + 5.7 % YoY in Q2 2021 and Telecom EBITDA grew by + 2.5 % YoY in Q2 2021 . Total accrued capital expenditure was € 5233 million in Q2 2021. Consequently , operating free cash flow amounted to € 559 million in Q2 2021 . Guidance Reiterated • • FY 2021 : revenue , EBITDA and operating free cash flow growth YoY . Mid - term : full - year organic free cash flow target of > € 750 million , underpinned by EBITDA and operating free cash flow growth , as well as further reduction in cash interest costs ( at least € 150 million further savings ) . Target leverage of 4.5x net debt to EBITDA . 1 Altice France Holding S.A. holds 100 % less one share of Altice France S.A. , and Altice Luxembourg S.A. holds 100 % of Altice France Holding S.A. and one share of Altice France S.A. The perimeter of consolidation for this press release , the Altice France Holding Restricted Group , consists of Altice France Holding S.A. , Altice France S.A. and its consolidated entities , excluding legal entities that have been declared as ' unrestricted subsidiaries ' , notably SportsCoTV S.A.S , the company that houses the Altice TV activity , as well as Altice Finco France S.A.S. 2 Financials are shown pro forma for the Hivory transaction ( Altice France announced it had entered into an exclusivity agreement to sell its 50.01 % stake in Hivory to Cellnex on February 3 , 2021 ) . Financials exclude the newspaper Libération ( following disposal on September 3 , 2020 ) . 3 Accrued capital expenditure in Q2 2021 excludes accruals related to the acquisition of a new IRU for an amount of € 38 million and a reversal relating to the renewal of the 2G licenses in March 2021 for an amount of - € 4 million . These amounts , in aggregate € 34 million , remain unpaid as of June 30 , 2021 , with no cash capex impact in the three months ended June 30 , 2021 . 4 Excludes spectrum and significant litigation paid and received . 1