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ETL Eutelsat Communications SA News Story

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Brief: Eutelsat Ends Transaction To Dispose Of Its Passive Ground Segment Infrastructure Assets

Jan 29 (Reuters) - Eutelsat Communications SA ETL.PA:

ANNOUNCES THE END OF THE TRANSACTION TO DISPOSE OF ITS PASSIVE GROUND SEGMENT INFRASTRUCTURE ASSETS

TRANSACTION FOR DISPOSAL OF ITS PASSIVE GROUND SEGMENT INFRASTRUCTURE ASSETS TO PRIVATE EQUITY INVESTOR, EQT INFRASTRUCTURE VI, WILL NOT PROCEED

THE NON-COMPLETION OF THE TRANSACTION HAS NO IMPACT ON FINANCIAL OBJECTIVES FOR FY 2025-26

EXCEPTION OF NET DEBT TO EBITDA WHICH IS NOW EXPECTED TO STAND AT AROUND 2.7 TIMES AT END OF FINANCIAL YEAR

EBITDA MARGIN FOR FY 2028-29 IS NOW EXPECTED IN REGION OF 65% (VERSUS C.60% PREVIOUSLY)

Source text: ID:nBw5W0SR1a

Further company coverage: ETL.PA

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com ; +48 58 769 66 00;;))

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