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EUTELSAT COMMUNICATIONS  FIRST HALF 2016-2017 RESULTS

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EUTELSAT COMMUNICATIONS FIRST HALF 2016-2017 RESULTS

• Revenues of €755 million, down 0.9% like-for-like , in line with expectations • High level of profitability: EBITDA margin of 77.9% • Net Income: €192 million, up 2.2% • Strong growth in Discretionary Free Cash Flow, up 27% to €325 million • EBITDA margin target raised on the back of ‘LEAP’ cost-savings plan; all other financial objectives confirmed
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