subscribe

Eutelsat Communications Result 16/02/2018

Eutelsat Communications reported financial results for the half-year ended 31 December 2017. Revenues for the period were €696.6 million ($863.8million), a 7.7% decline compared to €755.1 million ($936 million) reported in the same period of the previous year. The video applications business represented 66% of total revenue. Net income was €156.5 million ($194. million), a 18.6% decline compared to €192.2 million ($238 million) reported in the previous year. Company reiterated its revenue and profitability objectives for the year.