Eutelsat released a rather reassuring set of first half results and confirmed its full-year and mid-term objectives. The results translate persisting top-line pressures, offset at cash level by lower opex and capex. Lastly, and maybe more importantly, the dividend policy has been maintained and implies a relatively safe 6.5% yield at current prices.
16 Feb 2018
Capex and opex savings temper persisting top-line pressure in H1
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Capex and opex savings temper persisting top-line pressure in H1
Eutelsat Communications SA (ETL:PAR) | 0 0 9.4% | Mkt Cap: 4,324m
- Published:
16 Feb 2018 -
Author:
Edouard Enault -
Pages:
3
Eutelsat released a rather reassuring set of first half results and confirmed its full-year and mid-term objectives. The results translate persisting top-line pressures, offset at cash level by lower opex and capex. Lastly, and maybe more importantly, the dividend policy has been maintained and implies a relatively safe 6.5% yield at current prices.