Brief: Eutelsat FY Adjusted Ebitda EUR 632 Million

Eutelsat Communications SA

07/08/2026 06:43

Aug 7 (Reuters) - Eutelsat Communications SA ETL.PA:
EUTELSAT FY OPERATING INCOME EUR -220.1 MILLION
FY REVENUE EUR 1,235.9 MILLION VERSUS. IBES ESTIMATE EUR 1,200 MILLION
FY NET DEBT EUR 1,464.6 MILLION
FY ADJUSTED EBITDA € 632 MILLION (COMPANY-COMPILED CONSENSUS: €628 MILLION)
LEO REVENUES ARE SET TO SEE FURTHER STRONG GROWTH IN FY 2026-27, UNDERPINNED BY STRONG DEMAND IN ALL THREE VERTICALS, AND WE EXPECT GROWTH TO EXCEED 30%
OUTLOOK: EUTELSAT EXPECTS TO DELIVER SLIGHT GROWTH IN REVENUES OF FOUR OPERATING VERTICALS, AND AN EBITDA MARGIN AT BROADLY SAME LEVEL AS LAST YEAR
FY REVENUE €1.24 BILLION (COMPANY-COMPILED CONSENSUS: €1.20 BILLION)
GROSS CAPITAL EXPENDITURE IS EXPECTED TO AMOUNT TO C. EUR 1.2 BILLION
OUTLOOK : CONFIRMS ITS REVENUE EXPECTATIONS IN A RANGE BETWEEN EUR 1.5 AND EUR 1.7 BILLION FOR YEAR ENDING JUNE 2029
FY OPERATING VERTICALS REVENUE €1.20 BILLION (COMPANY-COMPILED CONSENSUS: €1.17 BILLION)
OUTLOOK : GROSS CAPITAL EXPENDITURE IS EXPECTED TO AMOUNT TO ABOUT EUR 1.2 BILLION
FY GROUP SHARE OF NET RESULT NEGATIVE AT EUR 457.3 MILLION
FY BACKLOG EUR 3.4 BILLION
OUTLOOK: OPERATING LEVERAGE IS SET TO DRIVE AN IMPROVEMENT IN EBITDA MARGIN, WHICH IS EXPECTED ABOVE 60%
FY EXPECTS TO RECEIVE $504M INCENTIVE PAYMENTS FOR US C-BAND CLEARING
CONFIDENT THAT OUTCOME OF IRIS FIRST RENDEZ-VOUS IS IMMINENT
Source text: nNDL3NkzxT
Further company coverage: ETL.PA

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