Eutelsat did not stop the top-line erosion but it proved to have a resilient Broadcasting business. Other metrics below the top line were in better shape, as were the EBITDA margin and cash generation. However, Eutelsat decided to increase the return to its shareholders (on top of the already >7% dividend yield) with a €100m share buy-back programme.
31 Jul 2019
Navigating well through a challenging environment
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Navigating well through a challenging environment
Eutelsat Communications SA (ETL:PAR) | 0 0 9.4% | Mkt Cap: 4,324m
- Published:
31 Jul 2019 -
Author:
Hugo Paternoster -
Pages:
3
Eutelsat did not stop the top-line erosion but it proved to have a resilient Broadcasting business. Other metrics below the top line were in better shape, as were the EBITDA margin and cash generation. However, Eutelsat decided to increase the return to its shareholders (on top of the already >7% dividend yield) with a €100m share buy-back programme.