Eutelsat Communications S.A. (OTCPK:ETCMY) Shareholder/Analyst Call November 20, 2025 7:30 AM EST Company Participants Eric Labaye Jean-François Fallacher - Chief Executive Officer Christophe Caudrelier - Chief Financial Officer Florence Parly Erwan Candau Anne Carron - Chief Human Resources Officer & General Counsel Presentation Eric Labaye Hello, everyone.
Eutelsat Communications S.A. (OTCPK:ETCMY) Q1 2026 Sales Call October 21, 2025 12:30 PM EDT Company Participants Christophe Caudrelier - Chief Financial Officer Joanna Darlington - Chief Communications & Investor Relations Officer Conference Call Participants Roshan Ranjit - Deutsche Bank AG, Research Division Ben Rickett - New Street Research LLP Stéphane Beyazian - ODDO BHF Corporate & Markets, Research Division Presentation Operator Welcome to the Eutelsat First Quarter 2025-2026 Revenues Presentation.
French satellite operator Eutelsat reported worse-than-expected first quarter revenues on Tuesday as a decline in sales at its video business offset strong demand for government services, notably in Ukraine.
Satellite operator Eutelsat must secure investment from more European countries to bolster its efforts to challenge billionaire Elon Musk's Starlink, EU lawmakers and analysts say following a commitment by France.
French satellite operator Eutelsat reported better-than-expected annual earnings on Tuesday, driven by growing interest in its satellite internet services from government and corporate customers.
France's Eutelsat is often touted as a European challenger to Elon Musk's Starlink. The satellite operator last week received more than 1 billion euros in an investment led by the French state.
Eutelsat is strategically vital for Europe's digital and defense sovereignty, serving as the only domestic alternative to Starlink for secure satellite communications. The recent €1 billion French Armed Forces contract and €1.35 billion equity raise, led by the French government, underscore strong state support and commitment to Eutelsat. The 'EU Government Put' thesis suggests limited downside risk, as European governments are unlikely to let Eutelsat fail given its critical role.
Eutelsat shares soared after the company said it was considering a capital increase of 1.35 billion euros ($1.55 billion) to support its long-term strategy.
Starlink rival Eutelsat's shares rallied after the French government backed a capital raise. Eutelsat shares have been hugely volatile this year, experiencing an enormous spike in March.
Fallacher will join Eutelsat from Orange, amid growing interest within the EU for alternative satellite systems to Starlink.
Berlin has been paying for Ukraine's access to a satellite-internet network operated by France's Eutelsat , as Europe seeks alternatives to Elon Musk's Starlink.
French media regulator Arcom has ordered Eutelsat to cease broadcasting Russian channels STS and Channel 5, after a probe revealed the satellite provider's commercial agreements had links to a sanctioned entity.