Solid Quarterly revenue performance: Revenues up 6.5% to €314.4 million (+3.8% at constant currency)
- Video Applications up 9.1%, driven by satellite capacity added in 2011-2012
- Data and Value-Added Services up 2.5%, with strong growth of Value-Added Services (+43.7%)
- Multi-usage down 5.8%, reflecting limited capacity in regions of highest demand
EUTELSAT 172A (formerly GE-23) acquisition finalised, expanding coverage of high growth regions
Outlook: current and three year organic growth targets confirmed, adjusted to include consolidation of EUTELSAT 172A
The Group’s revenue targets have been adjusted to reflect the consolidation as of 25 September 2012 of EUTELSAT 172A, and now stands at +5-6% for 2012-13, with CAGR of 6-7% to June 2015 (versus +3-4% and 5-6% respectively prior to the acquisition).
Paris, 25 October 2012 – Eutelsat Communications (ISIN: FR0010221234 – Euronext Paris: ETL), one of the world’s leading satellite operators, today reported revenues for the first quarter ended 30 September, 2012.
Read more at http://www.eutelsat.com/news/compress/en/2012/pdf/PR7112-Q1.pdf