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and welcome to SES Half Year 2020 Results. My name is Val and I will be your coordinator for today's event. Please note, this conference is being recorded and for the duration of the call, your lines will be on listen only. However, you will have the opportunity to ask questions at the end of the call. This can be done by pressing star 1 on your telephone keypad to register your question at any time. If at any point you require assistance, please press star zero and you will be connected to an operator. I will now hand you over to your host, Richard Whiting, Vice President, Head of Investors Relations, to begin today's conference. Thank you.

Thanks Val, good morning everyone and thanks for joining our half year 2020 results call. This morning's presentation was uploaded to the investment section at SES.com along with the press release if you don't already have it and as always please note the disclaimer at the back. In a moment Steve Collar, CEO will present the main business highlights. followed by Sandeep Jalan, CFO, to cover the financials in more detail. After some closing remarks from Steve, we'll be happy to take your questions, where we're also joined by JP Hemingway, CEO of SES Networks. So with that, let me hand over to Steve.

Thanks, Richard. Good morning, everyone, and thanks for joining us. Hope you are all keeping safe and well. And so I'm going to jump straight into the business highlights of the first half on page three. We've delivered a good set of results for the first half of the year with numbers fully in line, including another strong performance in networks, up 7% on an underlying basis, and over 25% over the last three years. We've not seen a significant impact from the global pandemic on our results to date.