Eutelsat, A Rival of Starlink, Anticipates Revenue Growth In 2027 Due To Oneweb Momentum
Eutelsat (ETL.PA) opened a new tab on Friday, stating that it anticipates a minor increase in revenue next year as decreases in its legacy video operations are offset by growth of over 30% in its low-Earth orbit satellite business.
In a trading update, the company stated that it anticipated modest sales increase in 2027 as opposed to flat revenue the year before. The core profit margin is projected to be almost the same as it was in 2025–2026.
As the only low-Earth orbit (LEO) connection network in operation outside of Elon Musk’s Starlink, Eutelsat’s OneWeb constellation puts the French company in a position to profit from European initiatives to create substitutes for American satellite operators.
About 25% of group income in 2025–2026 came from LEO services, while the company’s legacy geostationary division was still burdened by dwindling video revenue.
In the year that concluded in June, the company’s like-for-like full-year revenue increased by 3% to €1.24 billion ($1.43 billion). An average of €1.20 billion in revenue was anticipated by analysts surveyed by the firm.
Due to increased operating costs, adjusted core earnings decreased 3.1% to €632.4 million. Compared to a year ago, when it suffered write-downs of approximately €720 million, Eutelsat posted much smaller impairments, resulting in a net loss more than halving.
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