Eutelsat released its Q1 results and confirmed its FY guidance. Total revenues for Q1 ending 30 September 2016 stood at €384.8m, up 0.7% lfl. On a reported basis, revenues were down 0.7%, reflecting a 1.2 point negative perimeter effect (disposal of Alterna’TV and Wins/DHI3) and a 0.3 point negative currency effect (depreciation of the dollar relative to the euro). On a lfl basis, the results were driven by the Value Added Services, up 8.3% and other revenues up 62.9% to €27.1
