Eutelsat Communications Sa · EURONEXT:ETL

Eutelsat Communications Sa — Q1 2014-2015 Earnings Presentation

18 slides from Eutelsat Communications Sa's earnings presentation, Oct 30, 2014

  1. Slide 1: First Quarter 2014-2015 Revenues

    FIRST QUARTER 2014-2015 REVENUES Thursday 30th October 2014

  2. Slide 2: Agenda

    Agenda Q1 2014-2015 highlights Q1 2014-2015 performance Outlook 2

  3. Slide 3: First Quarter highlights

    First Quarter highlights Quarterly revenues in line with objectives: €358m, +4.2%1  Video growth reflecting new capacity, notably Express-AT1  Data: mixed regional trends  Continued uptake on KA-SAT  Government Services benefiting from new contracts and the good performance of Satmex High-single

  4. Slide 4: Agenda

    Agenda Q1 2014-2015 highlights Q1 2014-2015 performance Outlook 4

  5. Slide 5: First Quarter Revenues: €358m, +4.2%

    First Quarter Revenues: €358m, +4.2%1 REVENUE REVENUES Y-O-Y CHANGE (%) CONTRIBUTION2 (€M) LIKE-FOR-LIKE1 REPORTED 65% Video 228 +3.2 +4.8 15% Data 51 -5.0 +18.4 7% VAS 26 +14.2 +14.1 13% Government Services 44 +2.8 +20.8 1 Change at constant currency and excluding non-recurring revenues, based on r

  6. Slide 6: Video: benefiting from new capacity

    Video: benefiting from new capacity Revenues up 3.2%1 reflecting REVENUES (€m)  Additional resources added at 7°/8° West in September 2013 228  Entry into service of Express-AT1 2222 2212  Growth at Satmex 5,788 channels broadcast at end- September 2014  +16% y-o-y excluding Satmex Q1 Q4 Q1  Im

  7. Slide 7: Data: Mixed regional trends

    Data: Mixed regional trends REVENUES (€m) Revenues of €51m, down 5.0%1 542 532 51 Ongoing tough conditions in EMEA Good momentum in LATAM and Asia-Pacific Improved geographic mix post Satmex acquisition Q1 Q4 Q1 2013-14 2013-14 2014-15 1 On the basis of restated revenues at constant currency 2 Resta

  8. Slide 8: VAS: Continued uptake on KA-SAT

    VAS: Continued uptake on KA-SAT REVENUES (€m) Revenues to €26m up 14%1 26 25 166,000 terminals activated on KA- SAT at 30 September 2014 23 (108,000 a year earlier) Good uptake in France, Germany, Turkey and Italy Q1 Q4 Q1 2013-14 2013-14 2014-15 1At constant currency 8

  9. Slide 9: Government services: new contracts and good performance of Satmex

    Government services: new contracts and good performance of Satmex REVENUES (€m) Revenues to €44m up 2.8%1 442 44  New contracts, notably on EUTELSAT 48D 432 and EUTELSAT 33B  Good performance of Satmex  Ongoing impact of the lower level of contract renewals in FY 2013-2014 September/October 2014

  10. Slide 10: Backlog providing strong visibility

    Backlog providing strong visibility Backlog up 16 %, 10% excl. Satmex BACKLOG (€bn) Like-for-like increase reflecting  EUTELSAT 9A for Video in Europe 6.4 6.3  EUTELSAT 36C for Video in Africa  HTS payloads of EUTELSAT 3B and 5.4 EUTELSAT 65 West A for Latam  HTS payload of EUTELSAT 172B for Asi

  11. Slide 11: Agenda

    Agenda Q1 2014-2015 highlights Q1 2014-2015 performance Outlook 12

  12. Slide 12: Update on our growth drivers

    Update on our growth drivers Q1 ACHIEVEMENTS • New platforms in VIDEO developing markets  Entry into service of EUTELSAT 7B • Higher definition  Further rise in HD penetration • More interactivity • Selective investments in BROADBAND HTS  Procurement of EUTELSAT 172B AND MOBILITY • Broadband grow

  13. Slide 13: Expansion capacity to support our growth drivers

    Expansion capacity to support our growth drivers EXPANSION CAPACITY BY REGION (For the 7 satellites to be launched by June 2017) Seven launches between now and June 2017 3% 3%  Launch schedule unchanged compared to July 2014 5% 9% Expansion capacity of >30%1 focused 11%  On high growth markets, es

  14. Slide 14: Outlook Confirmed

    Outlook Confirmed Revenues Around 4.0% growth for 2014-2015, like-for-like1 (At constant currency, excl. non recurring revenues) Above 5% average growth in 2015-2016 and 2016-2017 EBITDA EBITDA margin above 76.5% to June 2017 Average of €500 M per annum to June 2017 Capex Including cash outflows rel

  15. Slide 15: Questions & Answers

    Questions & Answers 16

  16. Slide 16: Appendix 1: Restated revenues for FY 2013-2014

    Appendix 1: Restated revenues for FY 2013-2014 3 months ended Full-year In millions of euros 30/09/2013 31/12/2013 31/03/2014 30/06/2014 ended 30 June 2014 Video Applications 220.7 215.2 214.7 221.7 872.3 Data Services 54.2 52.0 50.6 52.5 209.2 Value-Added Services 23.0 20.1 20.5 25.0 88.7 Governmen

  17. Slide 17: Appendix 2: Three year deployment plan

    Appendix 2: Three year deployment plan EUTELSAT EUTELSAT EUTELSAT EUTELSAT EUTELSAT EUTELSAT EUTELSAT 115 117 65 9B 8 WEST B 36 C 172 B WEST B WEST B WEST A Position 114.9° 9° 7/8° 36° 116.8° 65° 172° West East West East West West East Launch Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q4 2015 Q2 2016 H1 2017 M

  18. Slide 18: Disclaimer

    Disclaimer This presentation does not constitute or form part of and should not be construed as any offer for sale of or solicitation of any offer to buy any securities of Eutelsat Communications, nor should it, or any part of it, form the basis of or be relied on in connection with any contract or

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