Full Update here:-
FOURTH QUARTER AND FULL YEAR 2017-18 RESULTS
Fully delivering on all financial objectives Improving revenue trend throughout the year for the Operating verticals (-1.3%) Revenues of €1,408 million down 1.9% like-for-like1 (-4.7% reported) EBITDA margin of 76.9% at constant currency, up from 76.7% in FY 17 LEAP cost saving program ahead of plan Strong rise in Discretionary Free-Cash-Flow, up 11.9% at constant currency Recommended dividend of €1.27 per share, up 5%, 1.4 times covered by DFCF All financial objectives confirmed or upgraded for FY 2018-19 and beyond
FLEET DEVELOPMENTS
Nominal launch programme The upcoming launch schedule is indicated below. Since the last quarterly update in May 2018, the launches of EUTELSAT 7C and EUTELSAT 5 WEST B have been postponed to Q1 2019 (versus Q4 2018 previously)
1 Chemical propulsion satellites (EUTELSAT QUANTUM, EUTELSAT 5 West
generally enter into service 1 to 2 months after launch. Electric propulsion satellites (EUTELSAT 7C, KONNECT, KONNECT VHTS, EUTELSAT HOTBIRD 13F and EUTELSAT HOTBIRD 13G) between 4 and 6 months. 2 «nominal capacity corresponding to the specifications of the satellites. Total operational capacity at the HOTBIRD orbital position will remain unchanged with 102 physical transponders (95 36 Mhz equivalent transponders) operated, once regulatory, technical and operational constraints are taken into account.”