Eutelsat Communications Reports Stable Results for FY 2024-25

Eutelsat Communications has reported its financial results for the fiscal year 2024-25, achieving key financial objectives. Revenues increased to €1,244 million, marking a 2.5% rise, driven by a substantial 84.1% growth in LEO revenues. This segment now constitutes approximately 15% of the total revenue, supported by robust demand and strategic partnerships.

Adjusted EBITDA remained stable at €676.2 million with a margin of 54.4%, reflecting the company's cost control strategies. Government services showed significant traction with a 24.1% annual increase, largely due to heightened demand for LEO solutions from sovereign clients.

The company plans a €1.5 billion capital raise to fortify its financial foundation, set for completion by the end of 2025. This financial maneuver aims to support Eutelsat's strategic transition and growth in the LEO market.