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Eutelsat Communications SA (ETL.PA)

ETL.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Eutelsat And Switch Partner On Global Satellite And Fibre Occasional Use Network
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - EUTELSAT COMMUNICATIONS SA ::THE SWITCH AND EUTELSAT PARTNER TO DELIVER GLOBAL SATELLITE AND FIBRE OCCASIONAL USE NETWORK.BROADCASTERS AND CONTENT PRODUCERS WITHIN EUTELSAT’S SATELLITE FOOTPRINT WILL GAIN ACCESS TO SWITCH’S GLOBAL FIBRE NETWORK.PARTNERSHIP WILL PROVIDE SWITCH’S USER COMMUNITY WITH ABILITY TO TRANSMIT FEEDS ON MINUTE-BY-MINUTE BASIS TO AND FROM LARGE PARTS OF THE GLOBE.  Full Article

Eutelsat Procures Replacement Satellites For Hotbird Neighbourhood At 13° East
Monday, 19 Nov 2018 

Nov 19 (Reuters) - EUTELSAT ::PROCURES REPLACEMENT SATELLITES FOR ITS FLAGSHIP HOTBIRD NEIGHBOURHOOD AT 13° EAST.THESE ALL-ELECTRIC HIGH-POWER SATELLITES ARE SET TO ENTER INTO SERVICE IN 2022, SERVING EUROPE, MIDDLE EAST AND NORTH AFRICA.PROCUREMENT IS FULLY COVERED BY COMPANY'S EXISTING CAPEX BUDGET..AIRBUS DEFENCE AND SPACE SELECTED TO BUILD ELECTRIC PROPULSION SATELLITES.  Full Article

Eutelsat Says 4Kuniverse Launches On Hotbird
Wednesday, 17 Oct 2018 

Oct 17 (Reuters) - EUTELSAT COMMUNICATIONS SA ::4KUNIVERSE LAUNCHES ON HOTBIRD OVER EUROPE, MIDDLE EAST AND NORTH AFRICA.  Full Article

Intelsat, SES, Eutelsat And Telesat Establish C-Band Alliance
Monday, 1 Oct 2018 

Oct 1 (Reuters) - SES SA ::INTELSAT, SES, EUTELSAT AND TELESAT<<>> ESTABLISH THE C-BAND ALLIANCE (CBA).CBA IS CONSORTIUM TO FACILITATE CLEARING OF U.S. MID-BAND SPECTRUM FOR 5G WHILE PROTECTING U.S. CONTENT DISTRIBUTION AND DATA NETWORKS.CONSORTIUM WILL IMPLEMENT MARKET-BASED TRANSACTIONS AND CLEAR CERTAIN SPECTRUM IN U.S..AGREEMENT REFLECTS TRANSITION FACILITATOR ROLE CONTEMPLATED IN FCC PROPOSED RULEMAKING.CBA NAMES BILL TOLPEGIN AS CEO AND PRESTON PADDEN AS HEAD OF ADVOCACY AND GOVERNMENT RELATIONS.  Full Article

Eutelsat Announces 7-Year Bond Issuance
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - EUTELSAT COMMUNICATIONS SA ::ANNOUNCES SUCCESSFUL 7-YEAR BOND ISSUANCE.BONDS WILL BE ISSUED AT 99.400 PERCENT AND, AT MATURITY, WILL BE REDEEMED AT 100 PERCENT OF THEIR PRINCIPAL AMOUNT AT MATURITY.ANNOUNCED SUCCESSFUL ISSUE BY EUTELSAT S.A. OF 7-YEAR SENIOR UNSECURED BONDS FOR €800 MILLION..THEY WILL HAVE COUPON OF 2.000 PER CENT PER ANNUM AND WILL BE CLEARED THROUGH EUROCLEAR FRANCE, CLEARSTREAM AND EUROCLEAR.BONDS WILL MATURE ON 2 OCTOBER 2025..TRANSACTION WILL FURTHER REDUCE PRE-TAX CASH INTEREST BY SOME €24 MILLION ON AN ANNUALIZED BASIS FROM FY 2019-20.EUTELSAT - TRANSACTION IS EXPECTED TO CONTRIBUTE TO MAXIMIZE DISCRETIONARY FREE-CASH-FLOW.  Full Article

Eutelsat: 7-Year Bonds To Mature On 2 October 2025
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - EUTELSAT COMMUNICATIONS SA ::ANNOUNCES SUCCESSFUL 7-YEAR BOND ISSUANCE.BONDS WILL MATURE ON 2 OCTOBER 2025.DELIVERY AND SETTLEMENT ARE EXPECTED ON OR AROUND 2 OCTOBER 2018..  Full Article

Eutelsat Has Sold Its Interest In Eutelsat 25b Satellite For Eur 135 Million.
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Eutelsat Communications SA ::DISPOSAL OF EUTELSAT’S INTEREST IN EUTELSAT 25B SATELLITE.HAS SOLD ITS INTEREST IN EUTELSAT 25B SATELLITE OPERATED AT 25.5 DEGREES EAST TO CO-OWNER OF SATELLITE, ES'HAILSAT, FOR A CONSIDERATION OF EUR 135 MILLION..'S SHARE OF SATELLITE GENERATED FY2018 REVENUES OF C.EUR 16 MILLION IN VIDEO APPLICATION..IT HAS NO IMPACT ON EUTELSAT'S REVENUE OBJECTIVES.DIVESTMENT WILL BE ABSORBED WITHIN GROUP'S EBITDA MARGIN TARGET.DISCRETIONARY FREE CASH FLOW OBJECTIVE EXCLUDES IMPACT OF DISPOSAL..  Full Article

Eutelsat FY Net Profit Group Share at 290.1 Million Euros, Beats Company Compiled Poll
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - EUTELSAT COMMUNICATIONS SA ::FY REVENUES OF €1,408 MILLION DOWN 1.9% LIKE-FOR-LIKE1 (-4.7% REPORTED).ALL FINANCIAL OBJECTIVES CONFIRMED OR UPGRADED FOR FY 2018-19 AND BEYOND.FY EBITDA MARGIN OF 76.9% AT CONSTANT CURRENCY, UP FROM 76.7% IN FY 17.RECOMMENDED DIVIDEND OF €1.27 PER SHARE.FY NET PROFIT GROUP SHARE EUR 290.1 MILLION VERSUS EUR 281 MILLION IN COMPANY COMPILED POLL.SAYS REVENUES FOR THE FIVE OPERATING VERTICALS11 (AT CONSTANT CURRENCY, PERIMETER AND IFRS 15 ACCOUNTING STANDARDS) ARE EXPECTED TO RETURN TO SLIGHT GROWTH FROM FY 2018-19..FY EBITDA EUR 1.08 BILLION VERSUS EUR 1.06 BILLION IN COMPANY COMPILED POLL.REVENUES FOR THE FIVE OPERATING VERTICALS ARE EXPECTED TO RETURN TO SLIGHT GROWTH FROM FY 2018-19..EBITDA MARGIN (AT CONSTANT CURRENCY) IS EXPECTED ABOVE 78% FROM FY 2018-19,.ESTIMATED CASH CAPEX SPEND IS REDUCED TO AN AVERAGE OF €400 MILLION PER ANNUM FOR THE PERIOD JULY 2017 TO JUNE 2020 (VERSUS €420 MILLION PREVIOUSLY).DISCRETIONARY FREE CASH FLOW IS EXPECTED TO GROW AT A MID-SINGLE DIGIT CAGR IN THE PERIOD JULY 2017 TO JUNE 2020 (AT CONSTANT CURRENCY).COMMITTED TO MAINTAINING A SOUND FINANCIAL STRUCTURE TO SUPPORT ITS INVESTMENT GRADE CREDIT RATING WITH A NET DEBT / EBITDA RATIO BELOW 3.0X.REITERATES ITS COMMITMENT TO SERVING A STABLE TO PROGRESSIVE DIVIDEND.FY REVENUE EUR 1.39 BILLION IN COMPANY COMPILED POLL.  Full Article

Eutelsat Media Group Ukraine Signs Contract With Eutelsat
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Eutelsat Communications SA ::MEDIA GROUP UKRAINE PARTNERS WITH EUTELSAT TO BROADCAST ITS “XTRA TV” TELEVISION PLATFORM.MULTI-YEAR, MULTI-TRANSPONDER CONTRACT WITH FOR BROADCASTING SERVICES ON ITS EUTELSAT 9B SATELLITE..  Full Article

Eutelsat Partners With Intelsat And SES In US C-Band Spectrum Proposal
Thursday, 12 Jul 2018 

July 12 (Reuters) - EUTELSAT ::PARTNERS WITH INTELSAT AND SES IN U.S. C-BAND SPECTRUM PROPOSAL.AGREEMENT FURTHERS U.S.-SPECIFIC PROPOSAL WHICH WOULD PROTECT C-BAND VIDEO AND DATA TRANSMISSIONS AND SUPPORT ACCELERATED 5G ROLLOUT BY MOBILE OPERATORS.EUTELSAT HAS AGREED TO JOIN BREAKTHROUGH PROPOSAL INITIATED BY INTELSAT, INTEL AND SES..PROPOSAL SPECIFIES USE OF CONSORTIUM IS OPEN TO ALL SATELLITE OPERATORS DELIVERING SERVICES IN C-BAND DOWNLINK FREQUENCIES IN ANY PART OF LOWER 48 UNITED STATES.  Full Article

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European shares cautiously up amid trade uncertainty, weak results

LONDON European shares traded cautiously on Thursday, ending the session just slightly up as uncertainty over U.S.-China trade talks continued and weak earnings reports hit auto and retailer stocks.