Brief: Eutelsat Misses Q3 Revenue Consensus, Confirms Outlook

Space Exploration Technologies

29/10/2026 16:45

Oct 29 (Reuters) - Eutelsat Communications SA ETL.PA:
Q1 TOTAL OPERATING VERTICALS €278.3 MILLION (COMPANY-COMPILED CONSENSUS: €291 MILLION)
Q1 TOTAL REVENUE €286.0 MILLION (CONSENSUS: €299 MILLION)
ALL FINANCIAL OBJECTIVES CONFIRMED
GROUP BACKLOG NOW INCLUDES €8.9 BILLION OF FUTURE REVENUE LINKED TO EU'S IRIS2 PROGRAMME
IRIS2 REVENUE TO BE RECOGNISED PRIMARILY BETWEEN 2027 AND 2031
WILL GAIN ACCESS TO MORE THAN TWICE CURRENT ONEWEB CAPACITY, SUPPORTING ESTIMATED SERVICE REVENUE OF MORE THAN €10 BILLION OVER 2032-2040 PERIOD
Source text: ID: nBw5MCwP8a
Further company coverage: ETL.PA

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