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Eutelsat like-for-like revenue up 0.7% in Q1

Friday 28 October 2016 | 10:07 CET | News
Satellite operator Eutelsat reported quarterly revenue of EUR 385 million in the three months to September, its fiscal first quarter, representing year-on-year growth of 0.7 percent on a like-for-like basis (-0.7 percent on a reported basis). The three main service lines all posted a drop in like-for-like revenue. Video Applications, Eutelsat's core market, saw revenue decrease by 1.3 percent (+1.4 percent in the previous quarter). Data Services and Government Services remained in the red, although the revenue drop improved since the previous quarter. The negative performance of these three

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Categories: Broadcast & Satellite
Companies: Eutelsat
Countries: World
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