We believe that our financial performance in 2018 and 2019, as well as our expectations for 2020 fully validate our Orange.one strategy. In 2018, we reported the first improvement in our operating profitability measure (adjusted EBITDA) after twelve years of decline. The upward trend continued in 2019 (while adjusted EBITDA was replaced by EBITDAaL as the key measure of operating profitability). In 2018, the growth resulted exclusively from cost savings and higher gains on sale of real estate, whereas last year it was also driven by revenues, which grew for the first time in a long period. The reversal of prolonged negative trends has been mainly a result of the implementation of our convergence strategy, monetisation of fibre network investments, steady focus on value generation in our commercial activities, ‘more for more’ pricing strategy and very high cost savings. Operating profitability is improving despite continued structural pressure on high-margin traditional fixed line services, the erosion of which almost fully filters through to profits. The ambition to sustain this growth in 2020 has been significantly affected by the COVID-19 pandemic. We estimate that despite a 1.7% increase in revenues in the first half of 2020, it will not be possible to attain full-year revenue growth. The results of the first six months were strongly supported by very good performance in ICT, driven by contracts concluded before the pandemic and the consolidation of BlueSoft. In the second half of 2020, we expect pressure on the business market, especially in the ICT segment, a further decline in roaming revenues, and a potential further decrease in equipment sales. However, we are reiterating our full-year EBITDAaL growth guidance, as the results of the first six months, during which EBITDAaL increased by 8%, represent a significant contribution towards meeting the challenges in the second half of the year. Additional measures to mitigate the negative impact of the pandemic on the Group’s performance (e.g. a change regarding jubilee awards, enabling release of balance-sheet provisions) have been a major support in this area.