Berenberg flags Eutelsat’s FY2029 revenue target as challenging
Berenberg says Eutelsat’s fiscal 2029 revenue target would require substantial growth versus its reported revenue level.
Eutelsat Communications' fiscal 2029 revenue target would need substantial growth and therefore looks challenging, Berenberg analysts write.
The French satellite communications company wants to increase group revenue to between 1.5 billion and 1.7 billion euros for fiscal 2029, up from 1.24 billion…