Satellite operator Eutelsat has raised its 2009-10 financial year targets on the back of strong revenue growth in the first half.
The Paris-based operator now expects full-year revenues to exceed 1.02bn and EBITDA to exceed Â795m.
Revenues for the first half were Â508m, up 9.6%, and EBITDA was Â411.6m, up 9.7%. Eutelsat turned in an EBITDA margin of 81%, up 0.1%.
EutelsatÂs new CEO Michel de Rosen said that the results highlighted Âthe efficiency with which our strategy has been implemented over the last years through clearly targeted and entirely self-financed investmentsÂ.
DTVE: the week in view – Should streamers help to fund Europe’s network expansion? digitaltveurope.com/comment/should… https://t.co/x6aSHT8EvH
05 December 2021 @ 19:34:00 UTC
ICYMI: Vodafone TV arrives on LG TVs in Spain digitaltveurope.com/2021/12/03/vod… https://t.co/dpCVTHxPFr
05 December 2021 @ 19:30:00 UTC
ICYMI: Vizio ads AVOD content to WatchFree+ streamer digitaltveurope.com/2021/12/03/viz… https://t.co/i6syMw9Eli
04 December 2021 @ 19:30:00 UTC