Eutelsat Communications

Eutelsat Communications is a private telecommunications satellite operator involved in the design, establishment, operation and maintenance of satellite telecommunications systems covering a large geographical area (extended Europe (including North Africa and the Middle East), sub-Saharan Africa, parts of America and Asia). Co. provides its customers broadcasting capacity and associated services to transmit TV programmes via satellite, cable or Internet Protocol (IP) networks. As of June 30, 2013, Co. owned and operated 31 satellites in geostationary orbit and 4 satellites in inclined orbit.
  • TickerETL
  • ISINFR0010221234
  • ExchangeEuronext Paris
  • SectorMedia
  • CountryFrance

Analysts

Ng Adrian

Eutelsat Communications

Eutelsat Communications SA: Full year results in line but €100 million share buyback limits deleveraging prospects

Our credit view of Eutelsat's full year results and announcement of a €100 million share buyback

Rémi Adam

Eutelsat Communications : Encouraging long-term guidance but the top line still is not growing …

>Broadly in line figures in what was an eventful year - 2018/19 sales in line with expectations. Eutelsat reported 2018/19 sales down 3.1% on l-f-l (-4.2% including other revenues) at € 1.313bn (vs consensus: € 1.31bn), in line with its guidance for a decline of around 3% (i.e. an organic operating decline of -3.5% y-o-y in Q4 vs -4% in Q3) (see details on page 2). 2018/19 EBITDA 0.5% shy of forecasts. EBITDA declined by 4.3% y-o-y to € 1.032bn (vs consensus at € 1.0...

Rémi Adam

Eutelsat Communications : Guidance encourageante à LT mais la croissance du CA se fait toujours attendre…

>Publication globalement en ligne dans une année mouvementée - CA 2018/19 en ligne avec les attentes. Eutelsat a publié un CA 2018/19 en baisse de 3.1% à périmètre et taux de change constants (-4.2% y compris les « autres » revenus) à 1.313 Md€ (vs css : 1.310 Md€), en ligne avec la guidance d’Eutelsat d'une baisse autour de 3% (soit une baisse organique opérationnelle de -3.5% yoy au T4 vs -4% au T3) (détails page 2). EBITDA 2018/19 0.5% sous les attentes. L’EBITDA a...

Eutelsat Communications SA: Full year results in line but €100 million share buyback limits deleveraging prospects

Our credit view of Eutelsat's full year results and announcement of a €100 million share buyback

Eutelsat Communications SA: Update to credit analysis

Our credit view of Eutelsat SA, the main operating subsidiary of Eutelsat Communications SA, reflecting its operational and financial trends over 2019-20.

Eutelsat Communications SA - December 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Eutelsat Communications SA: Key Facts and Statistics - FYE June 2018

A summary company profile, detailing Eutelsat Communications SA’s business operations and financial highlights.

Eutelsat Communications SA: Update to credit analysis

Our credit view of Eutelsat SA, the main operating subsidiary of Eutelsat Communications SA, reflecting its operational and financial trends in fiscal 2018 and our views for fiscal 2019-2020

Rémi Adam

Eutelsat Communications : Encouraging long-term guidance but the top line still is not growing …

>Broadly in line figures in what was an eventful year - 2018/19 sales in line with expectations. Eutelsat reported 2018/19 sales down 3.1% on l-f-l (-4.2% including other revenues) at € 1.313bn (vs consensus: € 1.31bn), in line with its guidance for a decline of around 3% (i.e. an organic operating decline of -3.5% y-o-y in Q4 vs -4% in Q3) (see details on page 2). 2018/19 EBITDA 0.5% shy of forecasts. EBITDA declined by 4.3% y-o-y to € 1.032bn (vs consensus at € 1.0...

Rémi Adam

Eutelsat Communications : Guidance encourageante à LT mais la croissance du CA se fait toujours attendre…

>Publication globalement en ligne dans une année mouvementée - CA 2018/19 en ligne avec les attentes. Eutelsat a publié un CA 2018/19 en baisse de 3.1% à périmètre et taux de change constants (-4.2% y compris les « autres » revenus) à 1.313 Md€ (vs css : 1.310 Md€), en ligne avec la guidance d’Eutelsat d'une baisse autour de 3% (soit une baisse organique opérationnelle de -3.5% yoy au T4 vs -4% au T3) (détails page 2). EBITDA 2018/19 0.5% sous les attentes. L’EBITDA a...

Alain William ...
  • Anis Zgaya
  • Aurelien Sivignon
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Emira Sagaama
  • Geoffroy Michalet
  • Hana Maalej
  • Hela Zarrouk
  • Jean Sassus
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Khaled Ben Amor
  • Louis Boujard
  • Matthias Desmarais
  • Nicolas David
  • Nicolas Thorez
  • Philippe Ourpatian
  • Rémi Adam
  • Salma Bouraoui
  • Steven Gould

ODDO BHF Small & MIDCAP MORNING NEWS - 05/15/2019

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Rémi Adam

Eutelsat Communications : Growth (still) slow to materialise …but good news from the tax man

>Q3 recurring revenues 2%

Alain William ...
  • Anis Zgaya
  • Aurelien Sivignon
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Emira Sagaama
  • Geoffroy Michalet
  • Hana Maalej
  • Hela Zarrouk
  • Jean Sassus
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Khaled Ben Amor
  • Louis Boujard
  • Matthias Desmarais
  • Nicolas David
  • Nicolas Thorez
  • Philippe Ourpatian
  • Rémi Adam
  • Salma Bouraoui
  • Steven Gould

ODDO BHF Small & MIDCAP MORNING NEWS - 15/05/2019

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1 director sold

A director at Eutelsat Communications sold 15,500,000 shares at 18.370EUR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The ...

Aurelien Sivignon ...
  • Emmanuel Matot
  • Eric Beaudet
  • Harold De Decker
  • Jean-François Granjon
  • Jerôme Bodin
  • Oussema Denguir
  • Pierre Corby
  • Vincent Maulay

ODDO BHF Small & MIDCAP MORNING NEWS - 08/02/2018

...

Aurelien Sivignon ...
  • Emmanuel Matot
  • Eric Beaudet
  • Harold De Decker
  • Jean-François Granjon
  • Jerôme Bodin
  • Oussema Denguir
  • Pierre Corby
  • Vincent Maulay

ODDO BHF Small & MIDCAP MORNING NEWS - 02/08/2018

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Ng Adrian

Eutelsat Communications

EUTELSAT COMMUNICATIONS reduced its risk exposure resulting in an upgrade to Slightly Positive

EUTELSAT COMMUNICATIONS (FR), a company active in the Mobile Telecommunications industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 2 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date May 14, 2019, the closing price was EUR 16.35 and its potential was estimated at EUR 18.80.

Ng Adrian

Eutelsat Communications

Ng Adrian

Eutelsat Communications

Ng Adrian

Eutelsat Communications

Eutelsat Communications – Proxinvest Corporate Governance Rating ® : A

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

Eutelsat Communications - 2018, november 8th

Items 5 and 6: The board doesn’t comprise a majority of independent directors, however Proxinvest will support the re-election of BpiFrance Participation as it is the main shareholder of the company. However the re-election of Ross McInnes will not be supported even if he is considered as independent considering that he has too many directorships in listed companies. Item 7 to 13: The compensation report has a high level of disclosure and the quantum respects mainly our guidelines. Moreover the company decided to change some of the performance conditions to avoid repetition between the STI co...

Charles Pinel

Eutelsat - 8 novembre 2018

Deux renouvellements d'administrateurs sont proposés aux actionnaires. Bien que le conseil ne soit pas composé d'une majorité de membres libres de conflits d'intérêts potentiels, Bpifrance Participations - premier actionnaire et donc non indépendant - sera soutenu car la politique de vote de Proxinvest est de soutenir un représentant de chacun des trois premiers actionnaires quelque soit l’indépendance du conseil. En revanche, une recommandation négative portera sur le renouvellement du mandat de Ross McInnes qui est indépendant mais dont le nombre de mandats détenus est jugé excessif puisqu'i...

Charles Pinel

Etude de l'AG du 09/11/2017

Contactée par Proxinvest qui s'en étonnait, la société publiera le lundi 23 octobre 2017 au BALO et sur son site un correctif afin d'intégrer la clause de non-concurrence en faveur de Yohann Leroy, nommé Directeur Général Délégué le 25 avril 2017, dans la résolution portant sur les conventions réglementées et dont les caractéristiques semblent acceptables (résolution 3). Le conseil est profondément modifié. Ainsi, Michel de Rosen, Directeur général de 2009 à 2016 et Président du conseil, quitte la société. Il sera remplacé par Dominique d'Hinnin qui était depuis 2016 le représentant permanent...

Charles Pinel

Etude de l'AG du 4/11/2016

Rodolphe Belmer a rejoint Eutelsat le 1er décembre 2015 en tant que Directeur général délégué et a succédé à Michel de Rosen en qualité de Directeur général le 1er mars 2016, ce dernier demeurant à la tête du conseil. Les fonctions de Président du conseil et de Président de la Direction sont donc désormais séparées. Cependant, le conseil ne présentera plus une majorité de membres libres de conflits d'intérêts potentiels et sera composé d'un nombre de femmes insuffisant pour respecter la loi en 2017.Il est proposé d'approuver le renouvellement du mandat de Miriem Bensalah Chaqroun. Cependant, a...

Valérie GASTALDY

Short term view - EUTELSAT : The trend is bearish.

The trend is bearish. The movement goes on. The next target is at €17.748, then €15.275. Passing €23.839 would question the continuation of the fall.

Valérie GASTALDY

Analyse court terme - EUTELSAT : La tendance est baissière.

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 17,748 €, puis 15,275 €. Le franchissement de 23,839 € remettrait en cause la suite de la baisse.

Valérie GASTALDY

Short term view - EUTELSAT : The recent fall is getting more vigorous.

The trend is bullish. The recent fall is getting more vigorous. The next support is at €19.70. A break below €19.70 would challenge the trend.

Valérie GASTALDY

Analyse court terme - EUTELSAT : La baisse récente gagne en vigueur.

La tendance est haussière. La baisse récente gagne en vigueur. Le prochain support est à 19,70 €. La tendance serait remise en cause par la rupture de 19,70 €.

Valérie GASTALDY

Medium term view - EUTELSAT : Prices recovered.

The trend is uncertain. Prices have recovered and they are starting to display convincing strength. A new bullish trend is attempting to emerge.

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