(CercleFinance.com) – Eutelsat announces that it is revising its financial objectives for the 2023-24 financial year, now expecting a turnover in a range between 1.25 and 1.3 billion euros (compared to 1.32 to 1 .42 billion previously).
Adjusted EBITDA for 2023-24 is expected between 650 and 680 million euros (compared to 725 to 825 million previously). In addition, the objectives for the 2024-25 financial year are suspended until the publication of the annual results scheduled for August 2.
If ‘historical activities remain in line with expected performances’, the satellite operator specifies that ‘the results recorded by OneWeb’s LEO activities show a certain delay compared to the initial schedule’.
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