Says H1 2025 revenues in line with CAGR target of 5.5-6.5%; remain on course to deliver on our ~EUR 32B FY 2025 revenue ambition; Cost discipline delivers clear path to CIR target of less than 65% for FY 2025; Solid underlying portfolio performance supports lower provisioning levels in H2; continued uncertainty from developments in CRE and macroeconomic environment; Applied for a second share buyback and remain committed to outperforming EUR 8bn total distribution target; On track to achieve greater than10% RoTE target in FY 2025; poised to deliver further improving returns thereafter. Comments taken from Q2 earnings conference call slides.
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