Eutelsat Communications (EUTLF) has released an update.
Eutelsat Communications reported a solid performance with a 8.5% year-on-year increase in third-quarter revenues, reaching €300.3 million, driven by strong growth in connectivity services. The company confirmed its full-year financial objectives for 2023-24, reflecting confidence in its operational strategy and market position. Additionally, Eutelsat’s backlog remained stable at €3.9 billion, underlining the company’s sustained future revenue potential.
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