Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) reports revenues for the First Quarter ended 30 September 2024.
RECENT HIGHLIGHTS
- First Quarter Revenues in line with expectations; Full year financial objectives confirmed
- Successful launch of the latest batch of 20 OneWeb satellites, reinforcing the constellation
- Multi-launch agreement with Mitsubishi Heavy Industries, adding further optionality for access to space
FIRST QUARTER REVENUES
Total revenues for the First Quarter stood at €300 million, up 9.4% on a reported basis, and by 5.9% like-for-like.
Revenues of the four Operating Verticals (ie, excluding ‘Other Revenues’) stood at €297 million. They were up 5.5% on a like-for-like basis excluding a negative currency effect of €1 million.
Quarter-on-quarter, revenues of the four Operating Verticals were down by 11.9% like-for-like.
Note: Unless otherwise stated, all variations indicated hereunder are expressed on a like-for-like basis, ie, at constant currency and perimeter.
Source: https://www.eutelsat.com/en/news/press.html#/pressreleases/first-quarter-2024-25-revenues-3351551