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Eutelsat Communications Reports 13.4% Revenue Growth In Third Quarter 2009-2010 And Revises Upward Annual Revenue Guidance
May 10, 2010
Eutelsat Communications reported financial information for the third quarter and nine months ended March 31, 2010.
Revenue by business application
|
|
3rd quarter
ended
March 31
|
|
|
|
| In million euros |
2009
|
2010
|
en %
|
2009
|
2010
|
en %
|
| Video Applications |
172.3
|
189.6
|
+10.0%
|
508.9
|
551.0
|
+8.3%
|
| Data & Value Added Services |
42.3
|
52.0
|
+22.8%
|
126.6
|
148.4
|
+17.2%
|
| Multi-usage |
19.7
|
25.1
|
+27.5%
|
54.7
|
69.6
|
+27.3%
|
| Others |
2.2
|
1.6
|
NM
|
9.9
|
7.4
|
NM
|
| TOTAL |
236.5
|
268.3
|
+13.4%(1)
|
700.0
|
776.3
|
+10.9%(2)
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(1) At constant exchange rate and excluding one-off revenues, third quarter revenue growth would have been 15.0%
(2) At constant exchange rate and excluding one-off revenues, year-to-date revenue growth would have been 12.0%
Commenting on the Group's third quarter 2009-2010 revenue, Michel de Rosen, CEO of Eutelsat Communications said:
"With a strategy focused on expanding satellite resources for regions with the strongest potential for expansion, Eutelsat has achieved double-digit sales growth across its entire portfolio of services for the third quarter of its financial year. This remarkable performance is a result of the sustained increase in demand in the regions covered by our fleet, and the increase in satellite capacity we have achieved with our new satellites as well as rapid redeployment of existing in-orbit resources. It reaffirms the strength of Eutelsat's unique position as a supra-regional satellite operator, leader in the Europe, Middle East and Africa region."
"Encouraged by the nine-month revenue growth, we have revised our full-year top-line guidance upward, from more than €1 020 million to above €1 035 million."
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