Eutelsat Announces Full Year 2024-25 Results
Says All Full Year Financial Objectives Attained
The Board of Directors of Eutelsat Communications, chaired by Dominique D’Hinnin, has reviewed the financial results for the year ended June 30, 2025, and declared that those results are in line with the company's objectives.
"FY 2024-25 results were in line with our objectives, and the year was marked by genuine traction in our LEO revenues, which grew by over 80% and now represent 15% of revenues."
Jean-François Fallacher, Eutelsat Communications
According to a company news release, total revenues for FY 2024-25 stood at €1.244 billion (≈$1.44 billion), up by 2.5% on a reported basis and by 1.6% like-for-like. Revenues of the four Operating Verticals (excluding ‘Other Revenues’) stood at €1.226 billion (≈$1.42 billion), up by 0.8% on a like-for-like basis.
LEO revenues amounted to €187 million (≈$217 million), up 84.1%2, driven by strong demand momentum. They represent c.15% of revenues.
Adjusted EBITDA stood at €676.2 million (≈$778 million) on June 30, 2025 stable on a like for like basis. The Adjusted EBITDA margin stood at 54.2% at constant currency (54.4% reported).
This was in line with the company's financial projections of Operating Vertical Revenues around the same level, and an adjusted EBITDA margin slightly below the level of the previous year.
"FY 2024-25 results were in line with our objectives, and the year was marked by genuine traction in our LEO revenues, which grew by over 80% and now represent 15% of revenues. I am excited to take the helm of Eutelsat as it enters a new chapter, centered on the deployment of LEO, a revolution for the Satellite industry," said Jean-François Fallacher, Chief Executive Officer of Eutelsat Communications. "Thanks to its differentiated GEO-LEO positioning and global coverage, Eutelsat is positioned to be a key player in the development of the European sovereign space of tomorrow and beyond, as showcased by the framework agreement with the French military. Finally, the recently announced €1.5 billion capital increase will give Eutelsat the requisite financing to implement its strategic roadmap, enabling us to deliver growth and value for all our stakeholders.”