Eutelsat Group Trading Update
Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL).
- Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL).
- Following the merger with OneWeb forming Eutelsat Group, and a review of trading for the first three months since completion of the merger, Eutelsat Group provides the following update.
- The legacy Eutelsat business remains on track with expected performance and confirms a return to top line growth for FY 2023-24, mainly driven by the entry into service of satellites EUTELSAT 10B and KONNECT VHTS.
- Management remains confident in the prospects of OneWeb and the potential of Eutelsat Group’s unique combined GEO-LEO offer.