The report for the first quarter of 2019 showed small deviations to our projections. The organic growth increased compared to the two previous quarters and marked a trend shift according to us. We saw a strong performance for “Other Europe” during Q1, driven in part by delivery to CityFibre but also from an increased sales to other UK players. The market ”outside” of CityFibre is significant with almost 10 million premises planned by the end of 2022; we dig into some interesting data for the UK fiber market in this report. We have only made some minor forecast, and see an attractive valuation of a company turning into organic growth once again.

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