Eutelsat shares fall after video revenue drops

Eutelsat Communications SA

13/05/2026 09:09

** Eutelsat ETL.PA drops more than 8% after third-quarter sales at the French satellite operator fell sharply

** Video revenue came in at 128 million euros, a 13.3% decline year-on-year

** AlphaValue says the traditional video segment remains in structural decline, weighed by sanctions affecting Russian channels, contract losses, and what the company calls the "decline of this mature business"

** One analyst notes the stock is inherently volatile

 (Reporting by Zakarya Meliani)

 ((zakarya.meliani@thomsonreuters.com))