Logotype for Eutelsat Group

Eutelsat Group (ETL) investor relations material

Eutelsat Group H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Eutelsat Group
H2 2025 earnings summary5 Aug, 2025

Executive summary

  • FY 2024-25 results aligned with objectives, with total revenues of €1,244m and adjusted EBITDA margin at 54.4%.

  • LEO revenues surged over 80% to €187m, now 15% of group revenues, driven by strong demand and strategic partnerships.

  • Secured major agreements, including a €1bn framework with France's Armed Forces Ministry and contracts with UK and German partners.

  • Announced a €1.5bn capital increase, anchored by core shareholders and the French State, to support long-term strategy and LEO expansion.

  • IRIS² public-private partnership launched, with a lead role.

Financial highlights

  • Total revenues for FY24-25 reached €1,244m, up 2.5% year-over-year; operating verticals revenues at €1,226m, up 1.4%.

  • Adjusted EBITDA was €676.2m, down 5.9% year-over-year, with margin at 54.4%.

  • CapEx was €450m, down from €517m, reflecting LEO constellation renewal phasing.

  • Net result group share was a loss of €1,081.9m, impacted by €535m GEO goodwill and €186m satellite impairments.

  • Net debt/EBITDA at 3.88x, up from 3.79x; liquidity strong with €1.07bn in undrawn credit lines and cash.

Outlook and guidance

  • LEO revenues expected to grow by 50% in FY25-26, offsetting but not outweighing GEO revenue decline.

  • FY25-26 revenues and adjusted EBITDA margin targeted in line with FY24-25; margin to improve to at least 60% by FY28-29.

  • CapEx guidance for FY25-26 is €1.0bn–€1.1bn, focused on LEO expansion.

  • Net debt/EBITDA expected to reduce to ~2.5x by end FY25-26 post capital increase and asset disposal.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Eutelsat Group earnings date

Logotype for Eutelsat Group
Q1 2026 TU21 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Eutelsat Group earnings date

Logotype for Eutelsat Group
Q1 2026 TU21 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Eutelsat Group, formed through the merger of Eutelsat and OneWeb, is a global satellite operator with an innovative approach to connectivity. It has a fleet of 35 geostationary (GEO) satellites and a Low Earth Orbit (LEO) constellation of over 600 satellites. This integrated GEO-LEO means that offering comprehensive services for broadcasters, media service providers, telecom operators, ISPs, and governmental agencies. The company delivers a wide range of services including video broadcasting, broadband services, data connectivity, and solutions for mobile and in-flight connectivity, as well as supporting government and NGO communications. Eutelsat Group is headquartered in Paris, France, and its shares are listed on the Euronext Paris stock exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage