Eutelsat reports Q3 and nine-month 2024-25 revenues

• Third Quarter Operating Verticals revenues of €300.6m, down 2.2% year‑on-year
• Nine Month Operating Verticals revenues up 1.8%¹ year-on-year
• Double digit growth¹ in Connectivity, driven by LEO-enabled solutions
• All Full Year 2024-25 financial objectives confirmed

Paris, 15 May 2025 – Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) reports revenues for the Third Quarter and Nine Months ended 31 March 2025.

Christophe Caudrelier, Chief Financial Officer of Eutelsat said: “Third Quarter and Nine Month 2024-25 revenues were in line with our expectations and enable us to confirm our financial outlook for the Full Year. Double-digit growth in our Connectivity business unit was once again driven by LEO‑enabled solutions, as we continue to address the growing demand for our low orbit capacity.”

Total revenues for the Third Quarter stood at €300.0 million, at the same level as a year earlier on a reported basis, and down by 1.9% like-for-like.

Revenues of the four Operating Verticals (i.e., excluding ‘Other Revenues’) stood at €300.6 million. They were down 2.2% on a like-for-like basis. Quarter‑on‑quarter, revenues of the four Operating Verticals were down 3.1% like-for-like.

Note: Unless otherwise stated, all variations indicated hereunder are on a like-for-like basis, ie, at constant currency and perimeter.