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      "text": "Revenue of €4,190 million grew 15% Y/Y in Q1 (or 15% Y/Y constant currency*), reflecting: Premium Revenue growth of 16% Y/Y (or 16% Y/Y constant currency*), driven by subscriber gains and ARPU increases.",
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      "text": "* Constant Currency adjusted measures and Free Cash Flow are non-IFRS measures. See \"Use of Non-IFRS Measures\" and \"Reconciliation of IFRS to Non-IFRS Results\" for additional information.",
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      "text": "Free Cash Flow & Liquidity: Free Cash Flow* was €534 million in Q1. Liquidity and balance sheet remained strong, with €8.0 billion in cash and cash equivalents, restricted cash and short term investments.",
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      "text": "Profitability: Gross Margin was 31.6% in Q1, up 403 bps Y/Y. Operating Income was €509 million in Q1. Operating Expenses included €75 million in Social Charges. Workforce consisted of 7,258 full-time employees.",
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