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Eutelsat Communications SA (ETL.PA)

ETL.PA on Paris Stock Exchange

8.63EUR
30 Oct 2020
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€0.29 (+3.48%)
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Latest Key Developments (Source: Significant Developments)

Eutelsat's Hotbird Selected By Kabelio For New Swiss HD Platform
Thursday, 15 Oct 2020 

Oct 15 (Reuters) - Eutelsat Communications SA ::EUTELSAT’S HOTBIRD SELECTED BY KABELIO FOR NEW SWISS HD PLATFORM.MULTI-YEAR AGREEMENT TO SUPPORT NEW DTH PLATFORM.  Full Article

Eutelsat Extends Contract With Azam TV
Monday, 21 Sep 2020 

Sept 21 (Reuters) - Eutelsat Communications SA ::AZAM TV MIGRATES SERVICES TO EUTELSAT 7C WITH MULTI-YEAR CONTRACT EXTENSION AND ADDITIONAL CAPACITY.AZAM TV COMPLETED MIGRATION OF VIDEO PLATFORM TO EUTELSAT 7C, WITH MULTI-YEAR EXTENSION OF EXISTING CONTRACT, INCREMENTAL CAPACITY COMMITMENT.AZAM TO DISTRIBUTE SOME 120 CHANNELS ACROSS ITS FOOTPRINT COVERING TANZANIA, UGANDA, MALAWI, KENYA AND RWANDA.  Full Article

Eutelsat FY EBITDA Down At EUR 982.0 Million
Friday, 31 Jul 2020 

July 31 (Reuters) - Eutelsat Communications SA ::FY REVENUES FOR FIVE OPERATING VERTICALS OF EUR 1,276 MILLION ON A REPORTED BASIS.END-FY FREE-CASH-FLOW AT EUR 474M, 37% OF REVENUES.DIVIDEND PER SHARE OF EUR 0.89, 2.3 TIMES COVERED BY REPORTED DISCRETIONARY FREE-CASH-FLOW.FY EBITDA EUR 982.0 MILLION VERSUS EUR 1.03 BILLION YEAR AGO.FY NET INCOME GROUP SHARE EUR 297.6 MILLION VERSUS EUR 340.4 MILLION YEAR AGO.END-FY NET DEBT EUR 3.00 BILLION VERSUS EUR 3.07 BILLION YEAR AGO.OUTLOOK: OVERALL, BROADCAST REVENUES ARE EXPECTED TO DECLINE SLIGHTLY.EUTELSAT SEES ADJUSTED DISCRETIONARY FREE-CASH-FLOW TARGET OF BETWEEN €420 MILLION AND €450 MILLION IN FY 2021-22.CASH CAPEX WILL REMAIN AT AN AVERAGE NOT EXCEEDING EUR 400 MILLION PER ANNUM FOR PERIOD JULY 2020 TO JUNE 2022.EUTELSAT SEES OPERATING VERTICAL REVENUES EXPECTED BETWEEN EUR 1,180 MILLION AND EUR 1,220 MILLION IN FY 2020-21.OUTLOOK: DATA & PROFESSIONAL VIDEO WILL CONTINUE TO DECLINE ALBEIT AT A SLOWER PACE THAN IN RECENT YEARS THANKS TO IMPROVED VOLUME TRENDS.OUTLOOK: EXPECT TO GENERATE REVENUES FROM FIVE OPERATING VERTICALS OF BETWEEN EUR 1,180 MILLION AND EUR 1,220 MILLION IN FY 2020-21.AT 30 JUNE 2020, BACKLOG STOOD AT EUR 4.1 BILLION, DOWN 6% COMPARED TO 30 JUNE 2019.OUTLOOK: AIM TO GENERATE ADJUSTED DISCRETIONARY FREE CASH FLOW OF BETWEEN EUR 420 MILLION AND EUR 450 MILLION IN FY 2021-22.OUTLOOK: POLICY OF A STABLE TO PROGRESSIVE DIVIDEND, INTERRUPTED IN FY 2019-20, IS REINSTATED.  Full Article

Eutelsat to buy the European satellite broadband activities of Bigblu Broadband
Friday, 31 Jul 2020 

July 31 (Reuters) - Eutelsat Communications SA ::TO ACQUIRE EUROPEAN SATELLITE BROADBAND ACTIVITIES OF BIGBLU BROADBAND.DEAL OFFERS IMMEDIATE ACCESS TO AN EFFICIENT RETAIL PLATFORM WITH PROVEN TRACK RECORD ACROSS EUROPE.PREPARING FOR ENTRY INTO SERVICE OF KONNECT AND KONNECT VHTS SATELLITES.ACTIVITIES TO BE ACQUIRED BY EUTELSAT (BBB EUROPE) CURRENTLY COUNT AROUND 50,000 SUBSCRIBERS.EUTELSAT WILL PAY A CONSIDERATION OF C.£38M FOR BBB EUROPE, WHICH GENERATED REVENUES OF C.£35M IN 2019 WITH A LOW DOUBLE-DIGIT EBITDA MARGIN..  Full Article

Eutelsat to buy the European satellite broadband activities of Bigblu Broadband
Friday, 31 Jul 2020 

July 31 (Reuters) - Eutelsat Communications SA ::TO ACQUIRE EUROPEAN SATELLITE BROADBAND ACTIVITIES OF BIGBLU BROADBAND.DEAL OFFERS IMMEDIATE ACCESS TO AN EFFICIENT RETAIL PLATFORM WITH PROVEN TRACK RECORD ACROSS EUROPE.PREPARING FOR ENTRY INTO SERVICE OF KONNECT AND KONNECT VHTS SATELLITES.ACTIVITIES TO BE ACQUIRED BY EUTELSAT (BBB EUROPE) CURRENTLY COUNT AROUND 50,000 SUBSCRIBERS.EUTELSAT WILL PAY A CONSIDERATION OF C.£38M FOR BBB EUROPE, WHICH GENERATED REVENUES OF C.£35M IN 2019 WITH A LOW DOUBLE-DIGIT EBITDA MARGIN..  Full Article

Eutelsat Communications Signs Contract With Strong Roots In Ethiopia
Wednesday, 29 Jul 2020 

July 29 (Reuters) - Eutelsat Communications SA ::EUTELSAT 8 WEST B SELECTED BY STRONG ROOTS FOR NEW DTH PLATFORM IN ETHIOPIA AND THE MIDDLE EAST.MULTI-YEAR CONTRACT LEVERAGING EUTELSAT 8 WEST B'S DEDICATED COVERAGE OF ETHIOPIA.CAPACITY TO ENABLE STRONG ROOTS TO LAUNCH NEW FREE TO AIR DTH PLATFORM COVERING ETHIOPIA AS WELL AS ETHIOPIAN DIASPORA IN ZONES WITHIN SATELLITE’S FOOTPRINT, NOTABLY MIDDLE EAST.  Full Article

Eutelsat Communications Reduces Share Capital By 1%
Thursday, 18 Jun 2020 

June 18 (Reuters) - Eutelsat Communications SA ::EUTELSAT COMMUNICATIONS: REDUCTION OF SHARE CAPITAL VIA CANCELLATION OF TREASURY SHARES.BOARD OF DIRECTORS OF EUTELSAT COMMUNICATIONS HAS VOTED TO CANCEL 2,229,640 SHARES, REPRESENTING 0.96% OF SHARE CAPITAL.  Full Article

Eutelsat Signs Multi-Year Contract With TV TEM
Monday, 8 Jun 2020 

June 8 (Reuters) - EUTELSAT COMMUNICATIONS SA ::TV TEM SELECTS EUTELSAT 65 WEST A TO ASSURE CONTINUITY OF CONTENT DISTRIBUTION FOLLOWING C-BAND RE-PURPOSING IN BRAZIL.MULTI-YEAR CONTRACT LEVERAGING EUTELSAT 65 WEST A'S UNPARALLELED COVERAGE OF BRAZIL.  Full Article

Eutelsat Wins Contract With Travel Africa Network
Friday, 22 May 2020 

May 22 (Reuters) - EUTELSAT COMMUNICATIONS SA ::EUTELSAT’S HOTBIRD POSITION SELECTED BY TRAVEL AFRICA NETWORK TO LAUNCH FIRST HD AFRICAN TRAVEL CHANNEL.MULTI-YEAR CONTRACT ENABLING TRAVEL AFRICA NETWORK TO BROADCAST CONTENT TO EUROPE AND MENA.  Full Article

Eutelsat Q3 Revenue Down At 322.0 Million Euros
Thursday, 14 May 2020 

May 14 (Reuters) - Eutelsat Communications SA ::Q3 REVENUE EUR 322.0 MILLION VERSUS EUR 336.7 MILLION YEAR AGO.ORDER BACKLOG STOOD AT EUR 4.2 BILLION AT MARCH 31, 2020 VERSUS EUR 4.3 BILLION AT END-DEC 2019.UPDATED FINANCIAL OUTLOOK PUBLISHED ON APRIL 9, 2020 IS CONFIRMED.COVID-19 EFFECTS ON REVENUES ARE LIKELY TO PERSIST AT LEAST INTO EARLY MONTHS OF NEXT FISCAL YEAR, TOGETHER WITH MORE GENERALISED SLOWDOWN IN PACE OF NEW BUSINESS.ON C-BAND: SCHEDULE FOR CLEARING 300 MHZ OF C-BAND SATELLITE SPECTRUM WILL BE CONCLUDED BY DEC 5, 2025.ON C-BAND: ELIGIBLE SATELLITE OPERATORS AGREEING TO ACCELERATE CLEARING WILL BE REQUIRED TO CLEARING 120MHZ IN 46 OF TOP 50 PARTIAL ECONOMIC AREAS (PEAS) BY DEC 5, 2021, TOTAL 300 MHZ IN ENTIRE CONUS BY DEC 5, 2023.ON C-BAND: EUTELSAT IS CONFIDENT OF BEING ABLE TO EXECUTE CLEARANCE WITHIN PRESCRIBED DEADLINES.LIQUIDITY POSITION AT END-MARCH, INCLUDING CASH AND UNDRAWN CREDIT LINES, IS COMFORTABLY ABOVE EUR 1 BILLION.IN CONTEXT OF ITS INTEREST RATE HEDGING POLICY, PRE-HEDGE INSTRUMENT CAME TO MATURITY RESULTING IN EUR 39 MILLION ONE-OFF CASH-OUT.CONFIDENT THAT STRONG FINANCIAL POSITION, CASH-FLOW GENERATION CAPACITY, COMBINATION OF RESILIENT HERITAGE ACTIVITIES AND CONNECTIVITY-RELATED GROWTH OPPORTUNITIES WILL ENSURE IT IS WELL POSITIONED TO WITHSTAND CHALLENGES OF CURRENT ENVIRONMENT.  Full Article