Eutelsat Communications (EUTLF.PK), a French satellite operator, reported its third-quarter total revenue of 300 million euros, compared with 300.8 million euros recorded for the same period last year.
Total operating verticals revenue was 300.6 million euros as against 300.3 million euros in the previous year.
Looking ahead, for fiscal 2024-25, the company has reaffirmed its guidance. Eutelsat still expects full-year operating vertical revenues to remain almost flat when compared with the previous year's 1.221 billion euros.
The satellite operator continues to anticipate its annual adjusted EBITDA margin to decline slightly from last year's 55 percent. Eutelsat still expects its annual gross capital expenditure to be in a range of 500 million to 600 million euros.
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