Eutelsat Reports Third Quarter and Nine-Month 2024-25 Revenues

Paris, France, May 15, 2025 – Satellite operator Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) reported revenues for the Third Quarter and Nine Months ended 31 March 2025.  Third Quarter Operating Verticals revenues of €300.6m, down 2.2%[1] year‑on-year while Nine Month Operating Verticals revenues up 1.8%[1] year-on-year.

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  • Third Quarter Operating Verticals revenues of €300.6m, down 2.2%[1] year‑on-year
  • Nine Month Operating Verticals revenues up 1.8%[1] year-on-year
    • Double digit growth[1] in Connectivity, driven by LEO-enabled solutions
  • All Full Year 2024-25 financial objectives confirmed

Christophe Caudrelier, Chief Financial Officer of Eutelsat said: “Third Quarter and Nine Month 2024-25 revenues were in line with our expectations and enable us to confirm our financial outlook for the Full Year. Double-digit growth in our Connectivity business unit was once again driven by LEO‑enabled solutions, as we continue to address the growing demand for our low orbit capacity.”

Third Quarter Revenues[3]

Total revenues for the Third Quarter stood at €300.0 million, at the same level as a year earlier on a reported basis, and down by 1.9% like-for-like.

Revenues of the four Operating Verticals (i.e., excluding ‘Other Revenues’) stood at €300.6 million. They were down 2.2% on a like-for-like basis. Quarter‑on‑quarter, revenues of the four Operating Verticals were down 3.1% like-for-like.

Note: Unless otherwise stated, all variations indicated hereunder are on a like-for-like basis, ie, at constant currency and perimeter.