Eutelsat posts €574 mn revenue in first half

Eutelsat revealed that its revenues rose 0.3 percent in the first half to €574 million.
Eutelsat HQEutelsat said second quarter revenues fell 6 percent to €286 million.

Eutelsat generated revenue of €339 million (–6.7 percent) from Broadcast, €83 million (–2.5 percent) from Data & Professional Video, €67 million (–20.3 percent) from Government Services, €37 million (+17 percent) from Fixed Broadband and €56 million (+32.7 percent) from Mobile Connectivity during the first half.

Eutelsat said the backlog stood at €3.7 billion at 31 December 2022 versus 4.2 billion a year earlier and 4.0 billion at end June 2022. The erosion of the backlog in the first half more than offset the contribution of the contract with Swisscom on Eutelsat KONNECT as well as the new beams commercialized on Eutelsat QUANTUM.

Latest

More like this
Related

Viasat reveals Guru Gowrappan will be leaving as part of reorganization

Viasat has revealed Guru Gowrappan, President, will be leaving...

Viasat wins $4.8 bn contract for NASA missions

Viasat has been selected by NASA under the Near...

SES launches two additional O3b mPOWER satellites with SpaceX

SES has announced the launch of its seventh and...

Eutelsat partners with Airbus to expand OneWeb LEO satellite

Eutelsat Group has selected Airbus Defence and Space to...