Eutelsat confirms slight operating verticals revenue growth forecast for FY 2026-27

By Public Technologies
  • Eutelsat reaffirmed fiscal 2026-27 guidance for slight revenue growth across its four operating verticals, with LEO revenue rising about 30%.
  • Adjusted EBITDA margin should remain around fiscal 2025-26 levels, with capital expenditure of about €1.2 billion.
  • Fiscal 2028-29 targets remain €1.5 billion to €1.7 billion in operating vertical revenue, with an EBITDA margin above 60%.
  • First-quarter fiscal 2026-27 operating vertical revenue fell 2.1% like-for-like to €278 million, in line with expectations.
  • LEO revenue rose 30.1% like-for-like to €70.9 million, driving connectivity growth.


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