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Eutelsat Communications SA (ETL.PA)

ETL.PA on Paris Stock Exchange

15.45EUR
23 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Eutelsat Communications FY 2019 EBITDA Down At 1.0 Billion
Wednesday, 31 Jul 2019 01:30am EDT 

July 31 (Reuters) - EUTELSAT COMMUNICATIONS SA ::FULL YEAR 2018-19 RESULTS.DIVIDEND PER SHARE FOR FY 2019 OF EUR 1.27, 1.4 TIMES COVERED BY DFCF.NEW DFCF OBJECTIVE OF C.EUR 500 MILLION IN FY2021-22.FY EBITDA EUR 1.03 BILLION VERSUS EUR 1.08 BILLION YEAR AGO.FY REVENUE EUR 1.32 BILLION VERSUS EUR 1.39 BILLION YEAR AGO.FY EBITDA MARGIN OF 78.4% AT CONSTANT CURRENCY.EXPECTS REVENUES FOR OPERATING VERTICALS OF BETWEEN EUR 1,280 MILLION AND EUR 1,320 MILLION IN FY 2019-20.CASH CAPEX WILL CONTINUE TO BE CONTAINED AT AN AVERAGE OF EUR 400 MILLION PER ANNUM FOR PERIOD JULY 2019 TO JUNE 2022.NEW PLAN, LEAP 2, AIMS AT GENERATING A FURTHER EUR 20 TO 25 MILLION IN SAVINGS BY JUNE 2022.SETS A NEW OBJECTIVE OF DELIVERING DISCRETIONARY FREE CASH FLOW OF CIRCA EUR 500 MILLION IN FY 2021-22.REMAINS COMMITTED TO MAINTAINING A SOUND FINANCIAL STRUCTURE TO SUPPORT ITS INVESTMENT GRADE CREDIT RATING WITH A NET DEBT / EBITDA RATIO BELOW 3.0X.  Full Article

Global Technologies Selects Eutelsat To Support West Africa Power Pool Project
Thursday, 4 Jul 2019 03:46am EDT 

July 4 (Reuters) - EUTELSAT COMMUNICATIONS SA ::GLOBAL TECHNOLOGIES SELECTS EUTELSAT TO SUPPORT WEST AFRICA POWER POOL PROJECT.MULTI-YEAR CONTRACT WITH GLOBAL TECHNOLOGIES FOR C-BAND CAPACITY ON ITS EUTELSAT 10A SATELLITE.  Full Article

Eutelsat Announces Circa 20% Investment In Broadpeak
Wednesday, 3 Jul 2019 03:40am EDT 

July 3 (Reuters) - EUTELSAT COMMUNICATIONS SA ::EUTELSAT AND BROADPEAK ANNOUNCE A CIRCA 20% INVESTMENT IN BROADPEAK.BROADPEAK RAISES 10 MILLION EUROS FROM EUTELSAT.EUTELSAT’S INVESTMENT, IN THE FORM OF SHARES AND CONVERTIBLE BONDS, REPRESENTS A CONSIDERATION OF CIRCA 10 MILLION EUROS.THEY WILL ALSO WORK TOGETHER ON PROJECTS AIMED AT INTEGRATING SATELLITE TECHNOLOGY INTO THE 5G GENERATION OF MOBILE NETWORKS.SATELLITE OPERATOR EUTELSAT INVESTS IN BROADPEAK’S SOLUTIONS TO DEVELOP NEW GENERATION VIDEO SERVICES.  Full Article

Bigblu Broadband HY Revenue Up 21.5 Pct
Tuesday, 25 Jun 2019 02:01am EDT 

June 25 (Reuters) - Bigblu Broadband PLC ::TRADING UPDATE.HY TOTAL REVENUE INCREASED 21.5% TO £30.5M.HY LIKE-FOR-LIKE ORGANIC REVENUE GROWTH ON A CONSTANT CURRENCY BASIS OF 12% (FY18: 8.2%).HY GROSS MARGIN EXPANDED TO 43.7% (H1 18: 37.4%).NET DEBT INCREASED TO £16.9M AS AT 31 MAY 2019 (1H18: £11.9M).CONFIDENT OF MEETING MARKET EXPECTATIONS FOR FULL YEAR.EXPECT PARTNERSHIP WITH EUTELSAT TO ACCELERATE CUSTOMER CONNECTIONS DURING SECOND HALF.  Full Article

Eutelsat Announces Successful Issue Senior Unsecured Bonds
Thursday, 6 Jun 2019 12:49pm EDT 

June 6 (Reuters) - EUTELSAT COMMUNICATIONS SA ::ANNOUNCES THE SUCCESSFUL ISSUE BY EUTELSAT S.A., OF 8-YEAR SENIOR UNSECURED BONDS FOR A TOTAL OF €600 MILLION.EXPECTED POSITIVE IMPACT OF APPROXIMATELY EUR 10 MILLION PER ANNUM ON CASH INTEREST CONTRIBUTING TO FREE CASH-FLOW MAXIMIZATION.BONDS WILL BE ISSUED AT 99.822 PER CENT AND WILL BE REDEEMED AT 100 PER CENT OF THEIR PRINCIPAL AMOUNT AT MATURITY.BONDS WILL HAVE A COUPON OF 2.250 PER CENT PER ANNUM.BONDS WILL MATURE ON 13 JULY 2027.BONDS TO BE LISTED ON OFFICIAL LIST, AND ADMITTED TO TRADING ON REGULATED MARKET, OF LUXEMBOURG STOCK EXCHANGE.DELIVERY AND SETTLEMENT ARE EXPECTED ON OR AROUND 13 JUNE 2019.  Full Article

Subsidiary Of Eutelsat Communications Was Selected By NASA
Thursday, 16 May 2019 09:00am EDT 

May 16 (Reuters) - EUTELSAT COMMUNICATIONS SA ::EUTELSAT AMERICA CORP., SUBSIDIARY OF EUTELSAT COMMUNICATIONS, WAS SELECTED BY NASA FOR NEXT SPACE TECHNOLOGIES FOR EXPLORATION PARTNERSHIPS-2.  Full Article

Eutelsat Communications Q3 Revenues Up At 336.7 Million Euros
Tuesday, 14 May 2019 11:45am EDT 

May 14 (Reuters) - Eutelsat Communications SA ::COMMUNICATIONS: THIRD QUARTER AND NINE MONTH 2018-19 REVENUES.Q3 REVENUES EUR 336.7 MLN VS EUR 334.4 MLN (RESTATED) YEAR AGO.ORDER BACKLOG STOOD AT EUR 4.4 BILLION AT 31 MARCH 2019 VERSUS, EUR 4.6 BILLION AT END-DECEMBER 2018.AT NINE MONTH STAGE, REVENUES OF OPERATING VERTICALS OF -3.0% LIKE-FOR-LIKE ARE TRACKING BEHIND OUR FULL YEAR OBJECTIVE.WE NOW EXPECT OUTTURN FOR FY 2018-19 TO BE IN SAME RANGE OF CIRCA -3%.WE CONTINUE TO TARGET A RETURN TO SLIGHT TOPLINE GROWTH IN FY 2019-2020.ALL OTHER FINANCIAL OBJECTIVES FOR CURRENT AND FOLLOWING YEARS ARE ALSO CONFIRMED.  Full Article

Eutelsat Selects Providers For Its Konnect Satellite Programme
Monday, 6 May 2019 04:00am EDT 

May 6 (Reuters) - Eutelsat Communications SA ::EUTELSAT SELECTS GROUND INFRASTRUCTURE PROVIDERS FOR ITS KONNECT SATELLITE PROGRAMME.GENERAL DYNAMICS SATCOM TECHNOLOGIES TO PROVIDE SEVEN ANTENNAS AND HUGHES NETWORKS SYSTEMS TO SUPPLY THE GROUND NETWORK SYSTEM.ONCE IN SERVICE IN 2020, ALL-ELECTRIC SATELLITE WILL SERVE BROADBAND INTERNET MARKET ON A LARGE SCALE THROUGHOUT WESTERN EUROPE AND AFRICA.  Full Article

Eutelsat Partners With Ethiopian Broadcasting Corporation, Association Of Ethiopian Broadcasters
Tuesday, 12 Feb 2019 04:32am EST 

Feb 12 (Reuters) - EUTELSAT COMMUNICATIONS SA ::PARTNERS WITH ETHIOPIAN BROADCASTING CORPORATION AND THE ASSOCIATION OF ETHIOPIAN BROADCASTERS FOR VIDEO CAPACITY ON EUTELSAT 8 WEST B.AGGREGATE OF THESE CONTRACTS REPRESENTS MULTI-TRANSPONDER CAPACITY, INCLUDING INCREMENTAL RESOURCES.  Full Article

Eutelsat Q1 Total Revenue Rises To 335.1 Million Euros
Tuesday, 30 Oct 2018 12:45pm EDT 

Oct 30 (Reuters) - EUTELSAT COMMUNICATIONS SA ::Q1 TOTAL REVENUE EUR 335.1 MILLION VERSUS PUBLISHED REVENUE OF EUR 349.1 MILLION YEAR AGO.RESTATES 2018 REVENUE TARGET TO "GLOBALLY STABLE".SEES RETURN TO "LIGHT GROWTH" FROM FY 2019-2020.CONFIRMS ALL OTHER FINANCIAL OBJECTIVES.  Full Article

Eutelsat nine-month operating revenue down 3%

May 14 French satellite company Eutelsat on Tuesday reported a 3 percent drop in nine-month revenue from operating activities.