Eutelsat Communications First Half 2013-2014 Results
Revenues growth of 2.2%, and 3.1% at constant currency and excluding non-recurring revenues, in line with objectives. Profitability: EBITDA1 of €501 million; EBITDA margin of 77.4% in line with objectives Group share of net income of €147 million; net margin at a high level (22.8%). Backlog of €5.3 billion representing more than four years of revenues.
Acquisition of Satmex finalised on 1 January 2014. Outlook Confirmed on a standalone basis. Growth potential of Satmex confirmed.
The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 – Euronext Paris: ETL) has approved the financial results for the half-year ended 31 December 2013.
