Eutelsat Communications (EUTLF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Yiddlesat full year 2024-2025 results. My name is Laura and I will be a coordinator for today's event. Please note this call is being recorded and for the duration of the call, your lines will be on listen only mode. However, you will have the opportunity to ask questions at the end of the call. This can be done by pressing star 1 on your telephone keypad to register your question. If you require assistance at any point, Please press star zero and you will be connected to an operator. I will now hand you over to your host, Jean-François Fallagé, CEO, to begin today's conference. Thank you. Hello, good morning. Welcome. Thanks for joining us today for Eutelsat's full year 2024-2025 results presentation. My name is Jean-François Farachet. I'm the CEO of the company and I'm joined today by Christophe Caudrelier, which is our CFO, and Jonathan Arlington, which is our head of IR. Let's go directly to the presentation on today's agenda. We will obviously run through the key events of this year, the operational performance, the financial performance, and of course we will wrap up with the strategic and financial outlook. So starting with a reminder of the key highlights of last year. Clearly, last year has been a pivotal year for Utilsat. First, I am pleased to report that we delivered a solid financial performance aligned with expectations. Total revenues have reached 1,244,000,000, which is up 1.6% like for like. The four operating verticals contributed to 1,226,000,000 revenues. Up 0.8% like for like. And most notably, our LEO low earth orbit segments saw year-on-year revenue growth exceeding 80%, reflecting the increasing commercial traction across geographies and use cases. These LEO revenues now represent 15% of all group revenues. That is reflect...