Eutelsat Communications (MEX:ETLN)
MXN 254.01 0 (0%) Market Cap: 37.87 Bil Enterprise Value: 92.86 Bil PE Ratio: 0 PB Ratio: 0.47 GF Score: 76/100

Q3 2020 Eutelsat Communications SA Corporate Sales Call Transcript

May 14, 2020 / 04:30PM GMT
Operator

Good Day, and welcome to the Eutelsat First Quarter 2019-2020 Revenues Conference Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Rodolphe Belmer, CEO. Please, go ahead.

Rodolphe Belmer
Eutelsat Communications S.A. - CEO & Director

Good evening, ladies and gentlemen, and thank you for joining us on this call where we will present our third quarter 2019-2020 revenues. I'm Rodolphe Belmer, CEO, and I'm joined today by Michel Azibert, Deputy CEO; and Sandrine Téran, CFO.

Before looking at the operations in detail, let's give a look at the main takeaways of the quarter. First, overall -- sorry, first of all, our third quarter revenue performance confirmed our expectation of a progressive improvement in trend throughout the financial year 2020. I will come back to this.

Broadcast was resilient with stable revenues year-on-year and a return to growth on a quarter-on-quarter basis. On the commercial front, we saw the solid outcome of spring renewal campaign with the U.S.

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