Today's Bulletin: July 9, 2025

More results...

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Africacom
AfricaCom 2024
AI
Apps
Apps
Banking
Broadcast
CABSAT
Cabsat
Cloud
Column
Content
Corona
DTT
eCommerce
Editorial
Education
Entertainment
Events
Fintech
Fixed
Gitex
Gitex Africa
Gitex Africa 2025
GSMA Cape Town
Healthcare
IBC
Industry Voices
Infrastructure
IoT
MNVO Nation Africa
Mobile
Mobile Payments
Music
MWC Barcelona
MWC Barcelona 2025
MWC Kigali
News
Online
Opinion Piece
Orbiting Innovations
Podcast
Q&A
Satellite
Security
Software
Startups
Streaming
Technology
TechTalks
TechTalkThursday
Telecoms
Utilities
Video Interview
Follow us

Eutelsat Releases its Financial Results for Half Year 2022-23

February 20, 2023
2 min read
Author: Aayushya Ranjan

The Board of Directors of Eutelsat Communications, chaired by Dominique D’Hinnin, has released the financial results for the Half Year ended 31 December 2022.

  • All standalone Full Year 2022-23 and longer-term financial objectives confirmed
  • Operating vertical revenues down 4.1% like-for-like; within the range of Full Year objectives
  • Industry-leading profitability maintained, with a 73% EBITDA margin
  • Successful launch of four satellites in H1, paving the way for return to growth in FY 2023-24
  • Positive commercial momentum at OneWeb; combination deal on track for closing in calendar Q2/Q3 2023

Eutelsat delivered a solid First Half, with revenues from our Operating Verticals within the range of our Full Year objectives and industry-leading profitability maintained with a 73% EBITDA margin. This financial performance enables us to confirm our standalone outlook for the Full Year 2022-23, and for the outer years. The start of the year has also seen considerable operational success, with the ongoing strong commercial ramp-up of EUTELSAT QUANTUM, and a record number of four satellite launches, providing both service continuity and incremental capacity which will pave the way for our return to growth in FY 2023-24. Elsewhere, OneWeb continues to deliver positive commercial ramp-up, and the proposed deal to combine our two companies is on track for closing in calendar Q2/Q3 2023. In the long term, our new orbital assets as well as the projected combination with OneWeb will unlock significant potential in markets where the demand for connectivity is booming.

Eva Berneke, Chief Executive Officer, Eutelsat Communications
The TechAfrica News Podcast

Follow us on LinkedIn

Newsletter signup

Sign up for our weekly newsletter and get the latest industry insights right in your inbox!

Please wait...

Thank you for sign up!