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Eutelsat Communications Receives Award as Fixed Satellite Services Operator of the Year for Second Consecutive Year

Posted on: Thursday, 10 September 2009, 11:36 CDT

PARIS, September 10 /PRNewswire-FirstCall/ -- Eutelsat Communications (Euronext Paris: ETL) has been awarded the prize for Fixed Satellite Services Operator of the Year for the second consecutive year by Euroconsult, a leading analyst and research company in satellite applications and digital broadcasting. Bestowed by a jury of experts from Euroconsult, Space News and Satellite Finance, using rigorous quantitative and qualitative standards, the prize was awarded at this week's annual World Satellite Business Week event in Paris.

This annual Award distinguishes the satellite operator achieving the strongest revenue growth and best profitability for its most recent financial year and the two preceding years. Eutelsat has maintained a track record of uninterrupted growth over the last three years, and for its financial year to June 2009 reported a record 7.2% increase in revenue to EUR940.5 million, and an EBITDA margin of 78.9%, which was maintained at the highest level of leading satellite operators.

Receiving the Award from Euroconsult, Eutelsat Chairman and CEO Giuliano Berretta declared: "In an industry showing strong resilience during the economic crisis we are delighted to receive this accolade recognising Eutelsat's performance over the last three years. With our significant investment programme of nine satellites to be launched between 2008 and 2011, and our privileged position for broadcast and broadband applications in Europe and emerging markets, we are confident of maintaining this trajectory of sustained growth. We are targeting revenues of more than 1 billion euros for the 2009-2010 financial year, and a compound annual growth rate of 7% for the period to June 2012."

About Eutelsat Communications

Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is the holding company of Eutelsat S.A.. With capacity commercialised on 27 satellites that provide coverage over the entire European continent, as well as the Middle East, Africa, India and significant parts of Asia and the Americas, Eutelsat is one of the world's three leading satellite operators in terms of revenues. At 30 June 2009, Eutelsat's satellites were broadcasting almost 3,200 television channels and 1,100 radio stations. More than 1,000 channels broadcast via its HOT BIRD(TM) video neighbourhood at 13 degrees East which serves over 123 million cable and satellite homes in Europe, the Middle East and North Africa. The Group's satellites also serve a wide range of fixed and mobile telecommunications services, TV contribution markets, corporate networks, and broadband markets for Internet Service Providers and for transport, maritime and in-flight markets. Eutelsat's broadband subsidiary, Skylogic, markets and operates services through teleports in France and Italy that serve enterprises, local communities, government agencies and aid organisations in Europe, Africa, Asia and the Americas. Headquartered in Paris, Eutelsat and its subsidiaries employ 610 commercial, technical and operational employees from 28 countries.

SOURCE Eutelsat Communications

Source: PR Newswire

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