Eutelsat Communications Reports Revenues of 395 Million Euros for the First Half 2005-2006
Eutelsat Communications Reports Revenues of 395 Million Euros for the First Half 2005-2006
PARIS, February 15/PRNewswire-FirstCall/ -- Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL), one
of the world's leading satellite operators, today reported revenues of 395
million euros for the first half ended December 31, 2005.
Revenues rose 6.4% year-over-year. Revenues (excluding one-off revenue of
17.4 million euros relating to penalties on the ATLANTIC BIRD(TM) 1
satellite[1]) grew by 2.6%[2] year-over-year.
Six months ended December 31
In millions of euros 2005 2004 % change
(pro forma[3])
Video Applications 259.0 255.7 +1.3%
Data Services 83.1 77.0 +7.9%
Multi-usage 33.5 32.1 +4.2%
Other 1.9 3.2 NM
Sub-total 377.5 368.0 +2.6%
One-off revenues 17.4 3.1 NM
Total 394.9 371.1 +6.4%
During the first half 2005-2006, Eutelsat Communications enjoyed solid
momentum in data networks and increased demand for capacity for video
applications. Revenues from multi-usage services also registered growth.
- Video Applications revenue rose 1.3%, reflecting notably the continuing
increase of TV channels broadcast by Eutelsat (+75 channel growth from June
30 to December 31, 2005).
- Data Services revenue was up 7.9%, notably due to strong growth in
Value Added Services (+25.8%), reflecting business development with corporate
and institutional customers and sustained activity in emerging countries.
- Multi-usage leases increased 4.2% owing principally to a favourable
dollar/euro exchange rate.
Financial calendar
Eutelsat Communications will report first-half earnings on February 17,
before the opening of Euronext Paris. A press meeting followed by an investor
meeting and conference call will be held on February 17, 2006 to comment on
first half revenue and earnings.
Details will be available on the Company's website
(www.eutelsat-communications.com)
About Eutelsat Communications
Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is
the holding company of Eutelsat S.A. The Group is a leading satellite
operator with capacity commercialised on 22 satellites providing coverage
over the entire European continent, as well as the Middle East, Africa, India
and significant parts of Asia and the Americas. With a turnover of EUR 750
millions in 2004/2005, the Group is one of the world's three leading
satellite operators in terms of revenues. Its satellites are used for
broadcasting over 1,700 TV and 860 radio stations to nearly 120 million cable
and satellite homes. The Group also provides TV contribution services,
corporate networks, mobile positioning and communications, Internet backbone
connectivity and broadband access for terrestrial, maritime and in-flight
applications. Eutelsat Communications is headquartered in Paris, and the
Group's workforce comprises over 480 employees from 25 countries.
www.eutelsat-communications.com
[1] Late delivery penalties and outage penalties
[2] Excluding one-off revenues and at constant exchange rates, revenue
growth was 2.0%
[3] Eutelsat Communications pro forma consolidated revenue corresponds to
Eutelsat S.A. consolidated revenue for the corresponding period of the fiscal
year ended June 30, 2005.
Press
Vanessa O'Connor
Tel: +33-1-53-98-38-88
voconnor@eutelsat.fr
Frederique Gautier
Tel: +33-1-53-98-38-88
fgautier@eutelsat.fr
Investors
Gilles Janvier
Tel: +33-1-53-98-35-35
investors@eutelsat-communications.com
Source: Eutelsat Communications
Press: Vanessa O'Connor, Tel: +33-1-53-98-38-88, voconnor@eutelsat.fr. Frederique Gautier, Tel: +33-1-53-98-38-88, fgautier@eutelsat.fr. Investors: Gilles Janvier, Tel: +33-1-53-98-35-35, investors@eutelsat-communications.com
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