Eutelsat: confirms targets for FY 2024-25

(CercleFinance.com) - Q1 total sales to 30 September 2024 reached E300m, up 9.
4% as reported, and +5.9% LFL.

Sales for the four Operating Activities (excluding "Other income") totaled E297m, up 5.5% LFL, excluding a negative currency effect of E1m.

At 30 September 2024, the order book stood at E3.9bn, comparable to that at end-June 2024 and up on the previous year. It is equivalent to 3.2x 2023-24 sales.

The group confirms its financial targets for FY 2024-25. It expects sales for the four operating businesses in FY 2025 to be at the same level as in FY 2024, an adjusted EBITDA margin slightly lower than in FY 2024, and gross CAPEX for FY 2024-25 of around E700m to E800m.


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