Eutelsat: Q3 sales down 5%
(CercleFinance.com) - Eutelsat has reported Q3 2022-23 sales of E272m, down 5.
2% as reported and down 7.5% on a comparable basis, performance that matches the satellite operator's expectations.
It points to an improved revenue trend in government services, as well as continued favourable momentum in fixed broadband and mobile connectivity ahead of the commissioning of K-VHTS and E10B.
Based on the performance of the first nine months of the year, Eutelsat confirms its operating revenue guidance for the current financial year of 1135 to 1165 million euros, as well as all other financial targets.
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