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Eutelsat meets FY objectives, continues to expect return to revenue growth in FY 2018-19

Wednesday 1 August 2018 | 10:39 CET | News
Satellite operator Eutelsat said that it met all its full-year financial objectives and confirmed its target to return to slight revenue growth at its five operating verticals in the new FY 2018-19, pointing to the progressive improvement in the revenue trend during recent quarters. When combined, the five business units saw underlying revenues decline by 0.7 percent year-on-year to EUR 338 million in the fourth quarter, which ended in June (-4.1% on a reported basis). This compares with drops of 1.1 percent and 2.2 percent in Q2 and Q3 2017-18 respectively, at constant currency and

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Categories: Broadcast & Satellite
Companies: Eutelsat
Countries: World
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