Eutelsat: Q1 2020/21 sales slip 0.7% LFL
(CercleFinance.com) - Eutelsat has reported Q1 sales of 315.
3 million euros, down 0.7% LFL.
The mobile connectivity segment posted the biggest decline (-10.2%), ahead of Data and Professional Video (-8.1%) and Broadcast (-2.1%). Fixed broadband, however, was up 3% y-o-y over the period.
At 4.4 billion euros, its backlog increased 3% in one year.
"Based on this performance, we confirm our financial objectives for the current and next financial year," said Rodolphe Belmer, Eutelsat Communications' CEO.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
3 million euros, down 0.7% LFL.
The mobile connectivity segment posted the biggest decline (-10.2%), ahead of Data and Professional Video (-8.1%) and Broadcast (-2.1%). Fixed broadband, however, was up 3% y-o-y over the period.
At 4.4 billion euros, its backlog increased 3% in one year.
"Based on this performance, we confirm our financial objectives for the current and next financial year," said Rodolphe Belmer, Eutelsat Communications' CEO.
Copyright (c) 2020 CercleFinance.com. All rights reserved.