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Eutelsat Communications SA (ETL.PA)

ETL.PA on Paris Stock Exchange

20.30EUR
17 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Eutelsat Has Sold Its Interest In Eutelsat 25b Satellite For Eur 135 Million.
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Eutelsat Communications SA ::DISPOSAL OF EUTELSAT’S INTEREST IN EUTELSAT 25B SATELLITE.HAS SOLD ITS INTEREST IN EUTELSAT 25B SATELLITE OPERATED AT 25.5 DEGREES EAST TO CO-OWNER OF SATELLITE, ES'HAILSAT, FOR A CONSIDERATION OF EUR 135 MILLION..'S SHARE OF SATELLITE GENERATED FY2018 REVENUES OF C.EUR 16 MILLION IN VIDEO APPLICATION..IT HAS NO IMPACT ON EUTELSAT'S REVENUE OBJECTIVES.DIVESTMENT WILL BE ABSORBED WITHIN GROUP'S EBITDA MARGIN TARGET.DISCRETIONARY FREE CASH FLOW OBJECTIVE EXCLUDES IMPACT OF DISPOSAL..  Full Article

Eutelsat FY Net Profit Group Share at 290.1 Million Euros, Beats Company Compiled Poll
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - EUTELSAT COMMUNICATIONS SA ::FY REVENUES OF €1,408 MILLION DOWN 1.9% LIKE-FOR-LIKE1 (-4.7% REPORTED).ALL FINANCIAL OBJECTIVES CONFIRMED OR UPGRADED FOR FY 2018-19 AND BEYOND.FY EBITDA MARGIN OF 76.9% AT CONSTANT CURRENCY, UP FROM 76.7% IN FY 17.RECOMMENDED DIVIDEND OF €1.27 PER SHARE.FY NET PROFIT GROUP SHARE EUR 290.1 MILLION VERSUS EUR 281 MILLION IN COMPANY COMPILED POLL.SAYS REVENUES FOR THE FIVE OPERATING VERTICALS11 (AT CONSTANT CURRENCY, PERIMETER AND IFRS 15 ACCOUNTING STANDARDS) ARE EXPECTED TO RETURN TO SLIGHT GROWTH FROM FY 2018-19..FY EBITDA EUR 1.08 BILLION VERSUS EUR 1.06 BILLION IN COMPANY COMPILED POLL.REVENUES FOR THE FIVE OPERATING VERTICALS ARE EXPECTED TO RETURN TO SLIGHT GROWTH FROM FY 2018-19..EBITDA MARGIN (AT CONSTANT CURRENCY) IS EXPECTED ABOVE 78% FROM FY 2018-19,.ESTIMATED CASH CAPEX SPEND IS REDUCED TO AN AVERAGE OF €400 MILLION PER ANNUM FOR THE PERIOD JULY 2017 TO JUNE 2020 (VERSUS €420 MILLION PREVIOUSLY).DISCRETIONARY FREE CASH FLOW IS EXPECTED TO GROW AT A MID-SINGLE DIGIT CAGR IN THE PERIOD JULY 2017 TO JUNE 2020 (AT CONSTANT CURRENCY).COMMITTED TO MAINTAINING A SOUND FINANCIAL STRUCTURE TO SUPPORT ITS INVESTMENT GRADE CREDIT RATING WITH A NET DEBT / EBITDA RATIO BELOW 3.0X.REITERATES ITS COMMITMENT TO SERVING A STABLE TO PROGRESSIVE DIVIDEND.FY REVENUE EUR 1.39 BILLION IN COMPANY COMPILED POLL.  Full Article

Eutelsat Media Group Ukraine Signs Contract With Eutelsat
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Eutelsat Communications SA ::MEDIA GROUP UKRAINE PARTNERS WITH EUTELSAT TO BROADCAST ITS “XTRA TV” TELEVISION PLATFORM.MULTI-YEAR, MULTI-TRANSPONDER CONTRACT WITH FOR BROADCASTING SERVICES ON ITS EUTELSAT 9B SATELLITE..  Full Article

Eutelsat Partners With Intelsat And SES In US C-Band Spectrum Proposal
Thursday, 12 Jul 2018 

July 12 (Reuters) - EUTELSAT ::PARTNERS WITH INTELSAT AND SES IN U.S. C-BAND SPECTRUM PROPOSAL.AGREEMENT FURTHERS U.S.-SPECIFIC PROPOSAL WHICH WOULD PROTECT C-BAND VIDEO AND DATA TRANSMISSIONS AND SUPPORT ACCELERATED 5G ROLLOUT BY MOBILE OPERATORS.EUTELSAT HAS AGREED TO JOIN BREAKTHROUGH PROPOSAL INITIATED BY INTELSAT, INTEL AND SES..PROPOSAL SPECIFIES USE OF CONSORTIUM IS OPEN TO ALL SATELLITE OPERATORS DELIVERING SERVICES IN C-BAND DOWNLINK FREQUENCIES IN ANY PART OF LOWER 48 UNITED STATES.  Full Article

US C-Band Spectrum Proposal: Partnership Of Intelsat, SES and Eutelsat
Thursday, 12 Jul 2018 

July 12 (Reuters) - SES SA ::EUTELSAT PARTNERS WITH INTELSAT AND SES IN U.S. C-BAND SPECTRUM PROPOSAL.AGREEMENT FURTHERS U.S.-SPECIFIC PROPOSAL WHICH WOULD PROTECT C-BAND VIDEO AND DATA TRANSMISSIONS AND SUPPORT ACCELERATED 5G ROLLOUT BY MOBILE OPERATORS.MARKET-BASED PROPOSAL WAS DEVELOPED IN RESPONSE TO A PROCEEDING INITIATED BY U.S. FEDERAL COMMUNICATIONS COMMISSION.NEXT PHASE OF THIS EFFORT WILL BEGIN WITH FCC'S PLANNED ADOPTION OF A NOTICE OF PROPOSED RULEMAKING ON THURSDAY, JULY 12.  Full Article

Eutelsat Says Does Not Intend To Make An Offer For Inmarsat
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Eutelsat Communications SA ::EUTELSAT SAYS DOES NOT INTEND TO MAKE AN OFFER FOR INMARSAT.  Full Article

Eutelsat Q3 Revenues Down At 337 Million Euros
Monday, 14 May 2018 

May 14 (Reuters) - EUTELSAT COMMUNICATIONS SA ::9-MONTH REVENUES OF €1,034 MILLION, DOWN 5.0% LIKE-FOR-LIKE (-7.6% REPORTED).Q3 REVENUES EUR 337 MILLION VERSUS EUR 364 MILLION YEAR AGO.END-Q3 ORDER BACKLOG EUR 4.6 BILLION VERSUS EUR 5.2 BILLION YEAR AGO.  Full Article

Viasat Confirmed Not Moving Forward With Eutelsat Satellite Deal
Friday, 6 Apr 2018 

April 6 (Reuters) - Viasat Inc::CONFIRMED IT WILL NOT BE MOVING FORWARD WITH EUTELSAT COMMUNICATIONS ON A DEAL FOR USE OF VIASAT 3 SATELLITE.WILL NOT BE MOVING FORWARD WITH EUTELSAT COMMUNICATIONS DUE TO EUTELSAT'S DECISION TO PURSUE LOCAL MARKET ALTERNATIVE.CONFIRMED THAT EUTELSAT'S VIASAT-3 DECISION HAS NO DIRECT IMPACT ON EXISTING CONTRACTS .CURRENT VIASAT / EUTELSAT JV, WHICH HAS BEEN IN OPERATION FOR MORE THAN A YEAR, WILL CONTINUE TO BE GOVERNED UNDER EXISTING AGREEMENTS.VIASAT-3 PROGRAM FOR EUROPE, MIDDLE EAST AND AFRICA (EMEA) IS "WELL UNDERWAY AND ON TRACK" .VIASAT INC - "BELIEVES THERE IS SIGNIFICANT INTEREST IN VIASAT-3 PROGRAM FROM PROSPECTIVE REGIONAL PARTNERS".  Full Article

‍Eutelsat Satellite Connectivity Selected By Colombian Government​
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Eutelsat ::‍EUTELSAT SATELLITE CONNECTIVITY SELECTED BY COLOMBIAN GOVERNMENT​.  Full Article

Fijian government selects Eutelsat for providing universal television access
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - EUTELSAT ::SIGNS MULTI-YEAR AGREEMENT WITH WALESI ‍​.AGREEMENT COVERS C-BAND CAPACITY ON THE EUTELSAT 172B SATELLITE TO COMPLEMENT TERRESTRIAL COVERAGE OF THE WALESI DIGITAL TELEVISION PLATFORM‍​.  Full Article

UPDATE 1-France's Eutelsat on track to return to revenue growth

Aug 1 French satellite operator Eutelsat posted better-than-expected full-year revenue on Wednesday, boosted by gains from one-off items including termination fees and currency hedging, lifting its shares by about 7 percent.