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Eutelsat reports stable FY revenue and confirms guidance

Friday 29 July 2016 | 11:45 CET | News
Satellite operator Eutelsat reported full-year revenue of EUR 1.53 billion, representing a growth rate of 0.2 percent on a like-for-like basis. The result was in line with the revised guidance published in May 2016, when the operator lowered its revenue outlook for 2015-16 after weaker than expected sales in the Latin America region. During the fourth quarter, which ended in June, like-for-like revenue decreased by 2.3 per cent year-on-year.

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Categories: Broadcast & Satellite
Companies: Eutelsat
Countries: World
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