Jacques Stern | President and CEO |
Roxane Dufour | CFO |
Good morning, good afternoon. I am Jacques Stern, the CEO of Global Blue and I will be joined today by Roxane Dufour CFO of Global Blue and we will share the presentation of this H1 financial statement, Before I give the floor to Roxane Dufour, first introduce this H1 figures and mention six point, which are important.
So first, we have seen in H1 and more in particular in the Q2 a strong improvement of our results on the back of a strong recovery in particular in Continental Europe where for the first time we have reached 2019 figures with 121%, which had led the capability to improve the EBITDA by €26.2 uh at a level of €25.8 million for the Q2, i.e., from July to September.
Second point to have in mind is that we have a strong cash position of €221 million. Roxane will come back on that at the end of September on the back of the equity rates that we have done with [indiscernible] in June 2022.