Eutelsat Communications : Eutelsat is guiding for a resumption of growth in 2023, which seems possible although not lasting in our view. Neutral recommendation reiterated
>Solid H1 results and upward revision to full-year sales guidance - Eutelsat reported higher-than-expected interim revenues and earnings on Friday 12 February. Revenues from operating activities were down 2.1% l-f-l (vs -6.2% in Q1). EBITDA came in at € 482m (-2.7% y-o-y as reported) compared with the consensus figure of € 469m, representing a margin of 76.7% cc, down 1.1 pts vs H1 2018 and 0.5 pts above the consensus. Net debt decreased slightly (-€ 5m) vs the June ...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.