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BRIEF-Eutelsat H1 EBITDA down at 588.0 million euros
February 9, 2017 / 6:43 AM / 8 months ago

BRIEF-Eutelsat H1 EBITDA down at 588.0 million euros

Feb 9 (Reuters) - 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) Source text for Eikon: Further company coverage: ($1 = 0.9365 euros) (Gdynia Newsroom)

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