Eutelsat falls on weak guidance

Eutelsat Communications SA

07/08/2026 10:48

** Shares in Eutelsat ETL.PA drop 8% after the French satellite operator's full-year outlook disappointed investors
** Eutelsat expects in 2027 slight revenue growth and adjusted EBITDA margin at the same level as last year
** "Weak guidance, despite the strong 4Q," says Bernstein's Aleksander Peterc
** J.P. Morgan says revenue was a beat but the outlook "screens light"
** Eutelsat's shares are the worst performer on France's SBF120 .SBF120 index
** Stock is up roughly 15% YTD 
     

(Reporting by Gianluca Lo Nostro)
((gianluca.lonostro@thomsonreuters.com;))