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a altice November 18 , 2021 ALTICE FRANCE HOLDING RESTRICTED GROUP Q3 2021 RESULTS Altice France Holding Restricted Group¹ today announces financial and operating results² for the quarter ended September 30 , 2021 . Q3 2021 Key Highlights • Total service residential revenue grew by + 4.4 % year over year in Q3 2021 . • • • Total revenue declined by -1.2 % year over year in Q3 2021 , mainly driven by lower construction revenue year over year . Year to date , total revenue grew by + 2.2 % year over year . Total EBITDA grew by + 0.5 % year over year in Q3 2021. Year to date , total EBITDA grew by + 2.3 % year over year . Total Accrued Capex was € 564³ million in Q3 2021. Consequently , operating free cash flow amounted to € 486 million in Q3 2021 . Guidance • • FY 2021 : revenue , EBITDA and operating free cash flow growth year over year . 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 ( following disposal on October 28 , 2021 ) . Financials exclude the newspaper Libération ( following disposal on September 3 , 2020 ) . 3 Accrued Capital expenditure in Q3 2021 excludes accruals related to the acquisition of a new IRU for an amount of € 6 million and the renewal of the 2G Universal Mobile Telecommunications System license in the third quarter of 2021 for an amount of € 56 million . These amounts , in aggregate € 62 million , remain unpaid as of September 30 , 2021 , with no cash Capex impact in the three months ended September 30 , 2021 . 4 Excludes spectrum , IRUS and significant litigation paid and received . 1