Eutelsat Communications (MEX:ETLN)
MXN 254.01 0 (0%) Market Cap: 38.64 Bil Enterprise Value: 92.80 Bil PE Ratio: 0 PB Ratio: 0.47 GF Score: 75/100

Half Year 2021 Eutelsat Communications SA Earnings Call Transcript

Feb 12, 2021 / 08:00AM GMT
Release Date Price: MXN254.01 (-35.85%)
Operator

Good day and welcome to the Eutelsat First Half 2020 and 2021 Results Conference Call and Webcast. 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

Welcome and thank you for joining us today for our first half 2020-2021 results presentation. I am Rodolphe Belmer, CEO. And I'm joined on today's call by Michel Azibert, Deputy CEO; and Sandrine Téran, our CFO.

Let's start by taking a quick look at the operating recent highlights. First, our first half revenue performance was slightly above expectations. And this strong start of the year enables us to raise the low end of our revenue objective for the current year and to absorb the negative net perimeter effect related to operations in the fixed broadband vertical in the second half.

Our activity continues to be resilient in the COVID context as evidenced by the evolution of our top line. We also delivered robust profitability despite

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