Eutelsat Communications (EUTLF) Q3 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.904 -- 00:00:07.232 Welcome to the UTELSNA third quarter and nine months 2024 00:00:07.232 -- 00:00:13.080 and 25 revenues call. My name is Alan and I'll be your coordinator for today's event. 00:00:13.080 -- 00:00:18.007 Please note this call is being recorded and for the duration your lines will be on listen 00:00:18.007 -- 00:00:22.513 only. However, you will have the opportunity to ask questions at the end. 00:00:22.513 -- 00:00:26.459 This can be done by pressing star 1 on your telephone keypad. 00:00:26.459 -- 00:00:31.356 If you require assistance at any time, please press star zero and you'll be connected 00:00:31.356 -- 00:00:36.721 to an operator. I'll now hand you over to your host, Christophe Caudelier, 00:00:36.721 -- 00:00:40.483 to begin today's conference. Thank you. 00:00:41.145 -- 00:00:46.210 Hello, everyone. Welcome and thank you for joining us today for UTELSAT's 00:00:46.210 -- 00:00:50.033 third quarter 24-25 revenues presentation. 00:00:50.033 -- 00:00:54.978 I'm Christophe Caudelier, Group CFO, and I'm joined today by Joanna Darlington, Chief 00:00:54.978 -- 00:00:59.060 Communications and Investor Relations Officer. 00:00:59.414 -- 00:01:05.139 On today's agenda, we will cover recent highlights, Q3 performance, 00:01:05.139 -- 00:01:08.861 and outlook and financial objectives. 00:01:08.863 -- 00:01:12.126 Let's start with the highlights. 00:01:12.126 -- 00:01:16.490 Third quarter revenues of the four operating verticals, i.e. 00:01:16.490 -- 00:01:21.955 excluding other revenues, stood at €300.6 million. 00:01:21.955 -- 00:01:27.218 They were down 2.2% on a like-for-like basis. 00:01:27.933 -- 00:01:33.278 of the four operating verticals for the first nine months were up 1.8% 00:01:33.278 -- 00:01:37.321 on a like-for-like ba...