Eutelsat Communications: Second Quarter and First Half 2023-24 Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
First Half operating verticals revenues of €571m, confirming return to topline growth, driven by Eutelsat GEO business and inclusion of OneWeb LEO business in the Second Quarter
Continued rise.
All standalone Full Year 2022-23 and longer-term financial objectives confirmed Operating vertical revenues down 4.1% like-for-like; within the range of Full Year objectives Industry-leading
Operating vertical revenues down -4.2% like-for-like; full year revenues now expected in the lower half of the guidance range Robust profitability with 76.1% EBITDA margin Further high
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Eutelsat Communications: First Half 2020-21 Results
February 12, 2021 GMT
Regulatory News:
The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) (Paris:ETL), chaired by Dominique D’Hinnin, reviewed the financial results for the half-year ended 31 December 2020.
Key Financial Data
635.8
77.8
140.7
107.9
117.6
3.20
Commenting on the First Half, Rodolphe Belmer Chief Executive Officer of Eutelsat Communications, said:
“Eutelsat has produced a solid First Half performance with Operating Verticals revenues down by 2%, reflecting our resilience in the Covid-19 impacted context, and with an EBITDA margin at 76.7%, despite the costs associated with Broadband ramp-up. Free-cash flow generation at the half year stage already amply covers the dividend paid in November. The past six months have been dynamic from a commercial point of view with the