Satellite operator EUTELSAT reported first half results of fiscal year 2011-12 with revenue growth: of 4.6% at €602.4 million. EBITDA was reported to be up 3.4% to €478.5 million, generating EBITDA margin of 79.4%.
EUTLSAT reported record backlog of €5.3 billion up 9.6%. Its Fleet expansion program is on track with two successful satellite launches and the company completed a successful €1.8 billion refinancing in 2011.
