Eutelsat
Paris, France, May 12, 2015 – Eutelsat Communications (Euronext Paris: ETL) today reported revenues for the third quarter and nine months ended 31 March 2015. It reported third quarter revenues of €368 million up 4.5% from last year.
The company reported a growing backlog of €6.4 billion representing 4.6 years of revenues.
Commenting on the results, Michel de Rosen, Chairman and CEO, said: “Eutelsat’s third quarter revenues were in line with objectives, with like-for-like growth of 4.5%. With growth of 4.4% for the first nine months, we are on track to deliver on our full-year objective. This quarter saw the refinancing of part of our debt, which will lead to lower interest charges. It was also marked by the successful launch of EUTELSAT 115 West B, the first commercial fully-electric satellite, which will bring new capacity to our Americas footprint.”
EUTELSAT RESULS Three months to 31 March 2015
|
In € millions |
Q3 2013-14 reported |
Q3 2013-14 Restated |
Q3 2014-15 |
Actual change |
Change at constant currency |
|
Video Applications |
219.7 |
214.7 |
225.3 |
+4.9% |
+3.3% |
|
Data Services |
54.1 |
50.6 |
58.1 |
+14.7% |
+4.8% |
|
Value-Added Services |
20.5 |
20.5 |
23.4 |
+14.0% |
+13.4% |
|
Government Services |
40.2 |
44.0 |
49.5 |
+12.5% |
-0.5% |
|
Other revenues |
7.8 |
7.8 |
11.4 |
ns |
ns |
|
Sub-total |
342.3 |
337.7 |
367.7 |
+8.9% |
+4.5% |
|
Non-recurring revenues |
- |
- |
- |
- |
- |
|
Total |
342.3 |
337.7 |
367.7 |
+8.9% |
+4.5% |
|
EUR/USD exchange rate |
1.368 |
1.197 |
Nine months to 31 March 2015
|
In € millions |
9m 2013-14 reported |
9m 2013-14 restated |
9m 2014-15 |
Actual change |
Change at constant currency |
|
Video Applications |
650.2 |
650.6 |
677.7 |
+4.2% |
+3.4% |
|
Data Services |
137.9 |
156.7 |
165.5 |
+5.6% |
+1.3% |
|
Value-Added Services |
63.7 |
63.7 |
74.8 |
+17.4% |
+17.0% |
|
Government Services |
113.8 |
131.4 |
141.7 |
+7.8% |
+1.8% |
|
Other revenues |
23.6 |
22.4 |
30.8 |
ns |
ns |
|
Sub-total |
989.3 |
1 024.8 |
1 090.5 |
+6.4% |
+4.4% |
|
Non-recurring revenues |
0.5 |
0.5 |
- |
ns |
ns |
|
Total |
989.8 |
1 025.3 |
1 090.5 |
+6.4% |
+4.4% |
|
EUR/USD exchange rate |
1.355 |
1.272 |
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