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Eutelsat Communications : Better-than-expected H1 results and positive message on the outlook

>H1 revenue and earnings slightly above expectations - Eutelsat has reported H1 operating verticals revenue (excluding other revenue) above expectations, down 2.1% at constant scope and exchange rates (vs -6.2% in Q1). EBITDA also came out above expectations at € 482m (-2.7% year-on-year as reported), vs a consensus of € 469m. The margin amounted to 76.7% at constant exchange rates (same as reported), down 1.1pt vs H1 2018 and 0.5 points above the consensus (76.2%), i...
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Eutelsat Communications SA

Eutelsat Communications is a private telecommunications satellite operator involved in the design, establishment, operation and maintenance of satellite telecommunications systems covering a large geographical area (extended Europe (including North Africa and the Middle East), sub-Saharan Africa, parts of America and Asia). Co. provides its customers broadcasting capacity and associated services to transmit TV programmes via satellite, cable or Internet Protocol (IP) networks. As of June 30, 2013, Co. owned and operated 31 satellites in geostationary orbit and 4 satellites in inclined orbit.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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