Joanna Darlington
Head of Investor Relations
Replay available
Eutelsat Communications (OTC: EUTLF) Q4 2026 earnings conference call, held 2026-08-07. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Chief Financial Officer
Chief Executive Officer
Analyst, Deutsche Bank
Analyst, Otto BHF
Analyst, New Street Research
Analyst, Bernstein
Analyst, Alpha Value
Watch the replay and follow the connected company analysis, news, and investor updates for Eutelsat Communications Sa.
WEBVTT 00:00:00.031 -- 00:00:03.712 Welcome to the utilsat full year 2025-2026 00:00:03.712 -- 00:00:07.893 results presentation. For the first part of the conference, the participants will be 00:00:07.893 -- 00:00:12.795 in listen-only mode. During the questions and answers session, participants will be able 00:00:12.795 -- 00:00:17.657 to ask questions by dialing pound key 5 on their telephone keypad. 00:00:17.657 -- 00:00:22.538 Now I will hand the conference over to the speaker, Jean-François Fallacher, Chief Executive 00:00:22.538 -- 00:00:25.939 Officer, and Sébastien Rouge, Chief Financial Officer. 00:00:25.939 -- 00:00:28.539 Please go ahead. 00:00:29.187 -- 00:00:34.410 Hello, welcome and thank you for joining us today in the middle of the summer for Utelsat's 00:00:34.410 -- 00:00:39.433 full year 25-26 results presentation. I am Jean-François Fallacher, the 00:00:39.433 -- 00:00:44.956 CEO of Utelsat and I am joined today by Sébastien 00:00:44.956 -- 00:00:50.079 Rouge, our Chief Financial Officer and Joanna Darlington, 00:00:50.079 -- 00:00:53.237 Head of Investors Relations. 00:00:53.237 -- 00:00:58.299 So let's go directly to the meat of this meeting and the highlights 00:00:58.299 -- 00:01:03.360 of our year. So I want to stress that our LIO revenues 00:01:03.360 -- 00:01:07.682 were ahead of expectations, up nearly 70% year-on-year 00:01:07.682 -- 00:01:13.684 to almost 300 million euros. And our LIO revenues are now representing 00:01:13.684 -- 00:01:18.946 25% of group total revenues. Overall, our full 00:01:18.946 -- 00:01:22.487 year 25-26 results are in line with objectives. 00:01:22.487 -- 00:01:27.768 CAPEX are at just under 600 million euros, below the 900 00:01:27.768 -- 00:01:31.589 million euro expectations, and Sébastien will come back to ...