Report
Stephane Beyazian

Eutelsat Group : Much promise but industry still under pressure (SIA report)

>SIA report: services industry down 3% in 2023 - The SIA, or Satellite Industry Association, issued its 2023 report on the space industry which is worth an estimated ~$ 400bn (cf. infographic on the following page). The global satellite services segment, where Eutelsat and SES operate, was down 3% in 2023 to $ 110bn (vs Eutelsat c.-5% before the acquisition of OneWeb and SES +1%). It is the only segment in the industry to show a decline (manufacturing +9%, launches +2...
Underlying
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.

Analysts
Stephane Beyazian

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