Eutelsat’s FY21 is disappointing. Sales came in line with the consensus (at the higher end of guidance), but EBIT came in 14% below, which represents a 30% decline yoy. Eutelsat is trying to reassure its investors through an increased dividend plan and a higher cash guidance.
03 Aug 2021
FY21: margins missed the target
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FY21: margins missed the target
- Published:
03 Aug 2021 -
Author:
Romain Pierredon -
Pages:
3
Eutelsat’s FY21 is disappointing. Sales came in line with the consensus (at the higher end of guidance), but EBIT came in 14% below, which represents a 30% decline yoy. Eutelsat is trying to reassure its investors through an increased dividend plan and a higher cash guidance.