Eutelsat's underlying revenue decline eases to 2% in fiscal Q1

Friday 30 October 2020 | 10:51 CET | News
Satellite operator Eutelsat generated revenues of EUR 306.7 million across its five operating verticals in the three months to September (fiscal Q1 2010-2021), representing a fall of 1.9 percent year-on-year at constant currency and perimeter (-3.1% on a reported basis). The rate of the contraction eased from a like-for-like drop of 4.3 percent in the previous quarter. Eutelsat described this performance as in line with expectations and confirmed its financial guidance for the current and next fiscal year.

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Categories: Broadcast & Satellite
Companies: Eutelsat
Countries: World
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