Eutelsat Communications : Unhoped-for rebound of the broadcast segment, positive tone on the C-band and guidance reiterated
>Q3 2019-20 better than expected, with a sequential rebound of the broadcast business - Yesterday evening, Eutelsat reported better-than-expected Q3 (calendar Q1) sales at € 323m for the operating divisions (consensus € 314m), reflecting a y-o-y contraction of -1.6% l-f-l, compared with -3.7% in Q2. Among the segments we mainly note:1/ the sequential rebound at the broadcast division (c. +2% q-o-q), better than expected thanks to volume growth in emerging countries wh...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.
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