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 2021 Eutelsat Communications SA Corporate Sales Call Transcript

May 11, 2021 / 04:30PM GMT
Release Date Price: MXN254.01
Operator

Good day, and welcome to the Eutelsat Communications Third Quarter 2020/2021 Revenues Presentation Conference Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Sandrine Téran. Please go ahead.

Sandrine TÃ;ran
Eutelsat Communications S.A. - CFO

© -

Good evening, and thank you for joining us on this call where we will present our third quarter fiscal year '21 revenues. I am Sandrine Téran, CFO. And I'm joined by Michel Azibert, Deputy CEO.

Let's start by taking a quick look at recent highlights. First, total third quarter revenues amounted to EUR 301 million, in line with expectations. The backlog reached EUR 4. 5 billion, its highest level in the last couple of years, a remarkable performance in the current context. It was up 6% year-on-year and equivalent to 3.5x fiscal year '20 revenues.

The outcome of the spring renewal campaign with the U.S. DoD reached a record high 95% rate in value. We have made considerable progress in our fixed broadband rollout. Our 9-month

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