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Hispasat 2017 revenues up 2.7% to EUR 235 mln, net profit soars

Friday 9 March 2018 | 08:39 CET | News
Spanish satellite communications operator Hispasat reported full-year 2017 revenues up 2.7 percent year on year to EUR 235.1 million, with net profit surging 220 percent to EUR 80.5 million due mostly to one-off expenses in 2016. Revenues from space capacity, however, fell from EUR 225.5 million to EUR 218.8 million last year due to what it described as the complicated situation of the market and delays in the launch of scheduled satellites.

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Categories: Broadcast & Satellite
Companies: Hispasat
Countries: Spain / World
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