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Eutelsat posts underlying revenue down 3.3% in March quarter, says FY revenue may fall short of expectations

Tuesday 15 May 2018 | 13:18 CET | News
Satellite operator Eutelsat reported revenues of EUR 337 million for the three months to March, its fiscal third quarter, down 3.3 percent at constant perimeter and currency (-4.8% in the previous quarter). While the revenue decline posted by the five main business lines eased to 1.1 percent, the quarter was impacted by a substantial drop in 'other revenues', which are running behind expectations and could negatively impact full-year results, said the company.

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Categories: Broadcast & Satellite
Companies: Eutelsat
Countries: World
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