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Eutelsat Communications: First Half 2020-21 Results


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 dynami ....

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