Eutelsat released its FY19/20 figures which remain quite resilient despite the pandemic (favoured by long-term fixed contracts) but remained in line with expectations. The main positive surprise came from the FCF generation, which remains high, securing further the dividend payment. The next FCF guidance also came in slightly above expectations.
31 Jul 2020
FY19-20: resilient business and strong FCF generation
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FY19-20: resilient business and strong FCF generation
Eutelsat Communications SA (ETL:PAR) | 0 0 9.4% | Mkt Cap: 4,324m
- Published:
31 Jul 2020 -
Author:
Hugo Paternoster -
Pages:
3
Eutelsat released its FY19/20 figures which remain quite resilient despite the pandemic (favoured by long-term fixed contracts) but remained in line with expectations. The main positive surprise came from the FCF generation, which remains high, securing further the dividend payment. The next FCF guidance also came in slightly above expectations.