ENAV And Leonardo Demonstrate Helicopter PBN In Italy ainonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ainonline.com Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Eutelsat Communications: First Half 2020-21 Results
February 12, 2021 GMT
Regulatory News:
The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) (Paris:ETL), chaired by Dominique D’Hinnin, reviewed the financial results for the half-year ended 31 December 2020.
Key Financial Data
635.8
77.8
140.7
107.9
117.6
3.20
Commenting on the First Half, Rodolphe Belmer Chief Executive Officer of Eutelsat Communications, said:
“Eutelsat has produced a solid First Half performance with Operating Verticals revenues down by 2%, reflecting our resilience in the Covid-19 impacted context, and with an EBITDA margin at 76.7%, despite the costs associated with Broadband ramp-up. Free-cash flow generation at the half year stage already amply covers the dividend paid in November. The past six months have been dynamic from a commercial point of view with the
EU aims to curb carbon footprint through investment in space
A €15 billion fund is set to bolster the EU’s space program, making it autonomous from China and the US. EU commissioners also see this as an important step for the continent’s green and digital transitions.
As the COVID-19 pandemic continues to keep most of Europe on pause, the EU aims for a breakthrough in its space program. The continent is seeking more than just a self-sufficient space industry competitive with China and the US; the industry must also fit into the European Green Deal. Strategic autonomy in space