THIRD QUARTER 2020-21 REVENUES
11 May 2021
AGENDA
- Key Events
- Q3 2020-21 Performance
- Outlook
2
HIGHLIGHTS
•Q3 revenues of €301m, in line with expectations
•€4.5bn backlog up 6% year-on-year and representing 3.5 years of revenues
•Favourable outturn of Spring 2021 renewal campaign with USG at a record-high 95% renewal rate
Sustained progress in our Fixed Broadband rollout
•Nine month performance enabling us to raise
•the bottom end of Full Year revenue objective range
•Entry into LEO space through investment in OneWeb
3
Q3 REVENUES IN LINE WITH EXPECTATIONS
- Total revenues of €301m, down -6.4%
- Slightly positive perimeter effect
Q3 YoY revenue bridge (€m)
• €2m contribution from BBB Europe | -6.1% | |
Negative currency effect | +2 | +8 |
• €/$ rate of 1.22 vs 1.10 last year | (11) | (20) |
- Positive swing of €8m in 'Other Revenues'
• O/w +€8m related to hedging | 322 | 301 |
- Revenues of the Operating Verticals down 6.1% like-for-like YoY
Q3 2019-20 Currency | Perimeter Change in | Operational | Q3 2020-21 |
reported | Other | trend | reported |
Revenues1 |
1 Including Hedging revenues representing a +€8m impact
4
ROBUST COMMERCIAL ACTIVITY
Fixed Data
-
Multi-yearcontract with New
Zealand's' operator for backhaul with E172B
Government Services
- Spring 2021 renewal rate with USG at c.95%, a record-high level
Fixed Broadband
- Multiple agreements strengthening African distribution capabilities
Mobility
-
Contract with Global Eagle for inclined orbit
capacity at 139° W
5
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Eutelsat Communications SA published this content on 11 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 May 2021 15:57:07 UTC.