Eutelsat Group : Q3 2024: ETSA more dynamic than OneWeb
>Return to growth thanks to OneWeb and two launches - Eutelsat has reported its Q3 2024 revenues. They were up 11% to € 301m (+8% pro forma), a shade below the consensus of € 304m due to the decline in the structural video business (-5%). Growth was driven by Eutelsat SA (ETSA) bringing satellites on stream, and the consolidation of OneWeb:The fixed connectivity market was up 24%, buoyed by the coming on stream of KONNECT VHTS and OneWeb (contracts with Q-KON and...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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