THIRD QUARTER 2020-21 REVENUES

11 May 2021

AGENDA

  1. Key Events
  2. Q3 2020-21 Performance
  3. 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.