Eutelsat Communications SA
XMUN:E3B

Watchlist Manager
Eutelsat Communications SA Logo
Eutelsat Communications SA
XMUN:E3B
Watchlist
Price: 1.815 EUR -0.17% Market Closed
Market Cap: €861.7m

Eutelsat Communications SA
Investor Relations

Eutelsat Communications SA is a satellite communications company. It owns and operates satellites in space and sells access to that capacity to customers that need to send video, data, or internet traffic over wide areas. Its main business is not building consumer products; it is selling satellite links that let other companies carry signals where ground networks are weak, expensive, or unavailable. Its customers include television broadcasters, telecom operators, internet service providers, businesses, and government agencies. Eutelsat earns money mainly by charging for satellite capacity, managed connectivity services, and long-term service contracts. A large part of its role in the industry is as a wholesaler: it sits between satellite infrastructure and the end users that need reliable coverage across countries, oceans, aircraft, ships, remote sites, and other hard-to-reach places. What makes Eutelsat different is the mix of satellite orbit types and use cases it serves. It combines traditional geostationary satellites, which are strong for broadcast and wide-area coverage, with low Earth orbit capacity aimed at faster, lower-latency data connections. That gives the company a business model built around essential communications infrastructure, with revenue tied to the long-term demand for connectivity rather than consumer subscriptions.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Feb 13, 2026
AI Summary
Q2 2026

LEO Growth: Low Earth Orbit (LEO) revenues increased nearly 60% year-on-year, driving strong momentum in connectivity verticals.

Stable Revenue: Total first-half revenue was EUR 592 million, stable on a like-for-like basis but down 2.4% as reported.

Profitability: Adjusted EBITDA margin was 52.1%, down 3.1 points from last year due to video sanctions and LEO ramp-up effects.

CapEx Guidance Cut: Full-year capital expenditure guidance was lowered to around EUR 900 million from the previous EUR 1–1.1 billion.

Refinancing Progress: EUR 1.5 billion capital raise and nearly EUR 1 billion in export credit financing completed, improving credit ratings.

Operational Continuity: Procurement of 440 new LEO satellites ensures continuity for the OneWeb constellation.

Guidance Confirmed: Full-year revenue and EBITDA margin guidance confirmed; net debt/EBITDA guided to 2.7x by year-end due to halted asset disposal.

Video Headwinds: Video revenues declined 12% year-on-year, mainly due to Russian sanctions and underlying business trends.

Key Financials
Revenue
EUR 592 million
LEO Revenue
EUR 111 million
Adjusted EBITDA
EUR 308 million
Adjusted EBITDA Margin
52.1%
Fixed Connectivity Revenue
EUR 132 million
Government Services Revenue
EUR 99 million
Mobility Revenue
EUR 77 million
Video Revenue
EUR 266 million (segment), EUR 260 million (first half)
Backlog
EUR 3.4 billion
Gross CapEx
EUR 292 million (half year)
Net Debt
EUR 1.3 billion
Net Debt / Adjusted EBITDA
2x (half year), guided to 2.7x by year end
Weighted Average Cost of Debt
4.2%
Liquidity (Cash and Undrawn Credit)
EUR 2.1 billion
Earnings Call Recording
Other Earnings Calls

Management

Mr. Sunil Bharti Mittal
VP & Co-Chairman of the Board
No Bio Available
Ms. Eva Merete Sofelde Berneke
CEO & Director
No Bio Available
Mr. Christophe Caudrelier
Chief Financial Officer
No Bio Available
Mr. Massimiliano Ladovaz
Chief Operations Officer
No Bio Available
Mr. David Bath
Chief Information Officer
No Bio Available
Ms. Joanna Darlington
Chief Communications & Investor Relations Officer
No Bio Available
Ms. Anne Carron
Chief Human Resources Officer & General Counsel
No Bio Available
Mr. Markus Fritz
Executive Vice President of Commercial Development & Strategic Partnerships
No Bio Available
Mr. Jean-Hubert Lenotte
Chief Strategy & Resources Officer
No Bio Available
Mr. Luis Jimnez Tun
Global Executive Vice President, Data Business Line
No Bio Available

Contacts

Address
ILE-DE-FRANCE
Issy-les-Moulineaux
32, boulevard Gallieni
Contacts
+33153984747
www.eutelsat.com