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Eutelsat FY 2024 Adjusted EBITDA EUR 697.5 Mln Vs Company Consensus EUR 660 Mln



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Aug 9 (Reuters) -Eutelsat Communications SA ETL.PA:

  • FY ADJUSTED EBITDA EUR 697.5 MILLION VERSUS EUR 660 MILLION IN COMPANY CONSENSUS

  • FY NET LOSS GROUP SHARE EUR 309.9 MILLION VERSUS LOSS EUR 150 MILLION IN COMPANY CONSENSUS

  • FY NET DEBT EUR 2,544.4 MILLION

  • FY OPERATING INCOME EUR -191.3 MILLION

  • FY REVENUE EUR 1,213 MILLION VS. IBES ESTIMATE EUR 1,222 MILLION

  • FY ORDER BACKLOG OF EUR 3.9BN, BOOSTED BY LEO PIPELINE

  • FY ADJUSTED EBITDA MARGIN AT 59.3% VERSUS 53.6% IN COMPANY CONSENSUS

  • FY GROWTH IN CONNECTIVITY SUPPORTED BY ACCELERATION OF LEO REVENUES AS WELL AS INCREMENTAL GEO CAPACITY

  • GROUP SEES COMBINED FY 2025 REVENUES OF FOUR OPERATING VERTICALS TO BE AROUND SAME LEVEL AS FY 2024 AT CONSTANT CURRENCY AND PERIMETER

  • GROUP SEES ADJUSTED EBITDA MARGIN SLIGHTLY BELOW LEVEL OF FY 2024

  • GROUP SEES GROSS CAPITAL EXPENDITURE IN FY 2024-25 IN RANGE OF EUR 700-800 MILLION EUROS

  • GROUP EXPECTS TO SEE CONTINUED GROWTH FROM ONEWEB IN FY 2024-25

Source text for Workspace: nBw1dKTLza

Further company coverage: ETL.PA


(Gdansk Newsroom)

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