Edition:
United States

Eutelsat Communications SA (ETL.PA)

ETL.PA on Paris Stock Exchange

21.73EUR
28 Apr 2017
Change (% chg)

€-0.17 (-0.78%)
Prev Close
€21.90
Open
€21.83
Day's High
€22.01
Day's Low
€21.48
Volume
892,440
Avg. Vol
679,523
52-wk High
€27.58
52-wk Low
€15.19

Latest Key Developments (Source: Significant Developments)

Board of Directors of Eutelsat Communications proposes appointment of Dominique D'Hinnin as director of company
Wednesday, 26 Apr 2017 05:29am EDT 

April 26 (Reuters) - Eutelsat Communications SA : :Board of Directors of co decided to submit for approval to Annual General Assembly of Nov 8, 2017 appointment of Dominique D'Hinnin as director of co.Subject to approval of this appointment, Dominique D'Hinnin will be appointed Chairman of Board of co.Dominique D'Hinnin will succeed Michel de Rosen who will retire from his duties as non-executive Chairman of Board of co at same time.  Full Article

Eutelsat signs up for Blue Origin's New Glenn rocket
Tuesday, 7 Mar 2017 09:07am EST 

Eutelsat Communications SA : Announces conclusion of a contract with Blue Origin for a launch on the New Glenn rocket that is expected to initiate flights in 2020 .Agreement with Blue Origin covers launch of a geostationary satellite in 2021-2022 timeframe.  Full Article

Eutelsat and Viasat close European broadband joint venture
Monday, 6 Mar 2017 04:09am EST 

: Eutelsat and viasat close european broadband joint venture . Viasat has acquired a 49% interest in business for a consideration of euro 132.5 million .Enhanced service plans are expected to be introduced in select european countries from 2017 onward.  Full Article

Eutelsat concludes contract with GSA of 102 million euros
Monday, 6 Mar 2017 03:56am EST 

Eutelsat Communications SA : Announces it has been engaged by European Global Navigation Satellite Systems Agency (GSA) to provide payload and services for next-generation EGNOS . Co and GSA have concluded long-term contract valued at 102 million euros ($108.42 million) covering preparation and service provision phases for the EGNOS GEO-3 payload .New payload marks replenishment of current EGNOS capacity and is scheduled to start service in 2019 for a duration of 15 years.  Full Article

Eutelsat to buy a Viasat satellite, eyes higher sales at some key units
Thursday, 9 Feb 2017 02:30am EST 

Eutelsat : CEO says company to buy a Viasat satellite in coming months . Expects higher Internet and mobile satellite sales, sees no negative impact at this stage from new U.S. government . Eutelsat had formed joint venture with Viasat in 2016 [nBw2HQwxSa] ((sudip.kargupta@thomsonreuters.com; +33 1 49 49 53 84; Reuters Messaging: sudip.kargupta.thomsonreuters.com@reuters.net)).  Full Article

Eutelsat H1 EBITDA down at 588.0 million euros
Thursday, 9 Feb 2017 01:30am EST 

Eutelsat : H1 EBITDA 588.0 million euros ($627.87 million) versus 600.3 million euros year ago . H1 net income group share 192.2 million euros versus 188.0 million euros year ago . Backlog at December end 5.3 billion euros versus 5.8 billion euros year ago . Group confirms revenue objectives published on 29 July 2016 . Revenues for FY 2016-17 (at constant currency and perimeter) are expected in range of -3 pct to -1 pct . In FY 2017-18 revenues are expected broadly flat with a return to modest growth in FY 2018-19 . Raises EBITDA margin outlook .EBITDA margin (at constant currency) is now expected above 76 pct for both FY 2016-17 and FY 2017-18 and heading towards 77 pct in FY 2018-19 (versus `above 75 pct` previously for each of three financial years).  Full Article

Microspace selected SmartLNB service platform of Eutlesat
Tuesday, 6 Dec 2016 09:07am EST 

Eutelsat Communications SA : Microspace Communications has selected SmartLNB service platform of Eutelsat Communications .SmartLNB service platform of Eutlesat was chosen to implement Microspace's new two-way satellite service called velocity DataBridge.  Full Article

Eutelsat and Broadpeak combine skills
Tuesday, 15 Nov 2016 03:45am EST 

Eutelsat Communications SA :Eutelsat and Broadpeak combine skills for satellite delivery of live TV and VOD to mobile devices.  Full Article

Airbus Defence and Space signs contract for Eutelsat Satellite
Tuesday, 11 Oct 2016 04:22am EDT 

Airbus Group : Airbus Defence and Space signs contract for Eutelsat satellite . Airbus Defence and Space in partnership with Orbital ATK , to build Eutelsat 5 West B Further company coverage: [AIR.PA] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

SpeedCast International acquires Wins Ltd from Eutelsat Communications
Sunday, 7 Aug 2016 07:44pm EDT 

SpeedCast International Ltd : Acquisition of Wins Ltd and equity raising . Announces the acquisition of Wins Limited from Eutelsat Communications and Maltasat . Deal for consideration of EUR 60.0 million . Increased group's committed debt facilities by additional $30 mln on terms consistent with existing facilities . Equity raising of at least aud 62.1 million to partially fund this acquisition, in addition to all-cash consideration of eur 60.0 mln . Expects to report revenues for the six months ended 30 June 2016 of approximately USD 102 million . Says expects EBITDA for six months ended 30 june approximately USD 17 million . On a pro forma full year basis, the acquisition is expected to be high single digit eps accretive in FY2016 . Following wins acquisition, maritime business unit is expected to generate approximately 40% of speedcast's core service revenues .  Full Article

More From Around the Web

BRIEF-Board of Directors of Eutelsat Communications proposes appointment of Dominique D'Hinnin as director of company

* Board of Directors of co decided to submit for approval to Annual General Assembly of Nov 8, 2017 appointment of Dominique D'Hinnin as director of co