)
Edge12 Jun 2026
Set in Stone: The Story of Richemont
From a South African tobacco company to Cartier, a deep dive into how Richemont built one of the world's leading hard luxury empires.
Iliad S.A
Iliad S.A (ILIAD) investor relations material
Iliad S.A has been private
Iliad S.A Acquisition presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Acquisition presentation summary8 Jun, 2026
Deal rationale and strategic fit
Addresses a saturated and declining French telecom market, enabling scale and renewed investment capacity.
Reinforces a disruptive market position and strengthens financial profile with over 8 million new subscribers and additional spectrum.
Enhances ability to innovate, invest in AI, and improve network resilience and cybersecurity.
Consortium structure ensures operational expertise and service continuity for SFR customers.
Financial terms and conditions
Enterprise value of €20.35 billion for the transaction, with iliad's share at €6.2 billion.
Earn-out up to €0.65 billion and break-up fee up to €0.2 billion.
€6.5 billion financing secured for the deal.
Potential downward price adjustment based on SFR's financial performance up to closing.
Synergies and expected cost savings
Over €0.5 billion in annual run-rate synergies targeted within five years post-closing.
Expected €0.9 billion additional OFCF, with implementation costs of ~€1.4 billion.
Significant economies of scale and industrial synergies from network and IT integration.
Explain the safeguard clause price adjustment
Explain the co-owned wholesale entity governance
Breakdown of the 1.4 billion implementation costs
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Iliad S.A
- Q1 2026 saw strong revenue, cash flow, and subscriber growth, with improved leverage.ILIAD
Q1 202626 May 2026 - Achieved 3.2% revenue growth, €2.3Bn OFCF, and 2.3x leverage, with robust subscriber gains.ILIADQ4 202512 May 2026
- Double-digit growth, strong cash flow, and top-five European operator status achieved.ILIADQ2 202423 Jan 2026
- Double-digit revenue and profit growth, with strong subscriber momentum and margin expansion.ILIADQ3 202413 Jan 2026
- Record 2024: 8.5% revenue growth, 2M new subscribers, €1.83B free cash flow.ILIADQ4 202420 Dec 2025
- H1 2025: revenue +3.8%, EBITDAAL +10.1%, profit +€700m, leverage down to 2.3x.ILIADQ2 20259 Dec 2025
- Strong revenue, EBITDAaL, and cash flow growth, with improved leverage and market leadership.ILIADQ3 202519 Nov 2025
- Q1 2025: 6% EBITDAAL growth, €522M profit, 2.5x leverage, and strong cash flow.ILIADQ1 202518 Nov 2025
Next Iliad S.A earnings date
Q2 202627 Aug, 2026
Iliad S.A
Next Iliad S.A earnings date
Q2 202627 Aug, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Explore our global coverage