Eutelsat sees 29% revenue jump by 2029 with 60% EBITDA, but only after a bond issue, refinanced bank debt & an ECA package

by Peter B. de Selding

BREMEN, Germany — Eutelsat told investors that the company’s OneWeb LEO broadband constellation, powered by government demand, will grow the company’s revenue line by 29% by the end of its 2028-2029 fiscal year, to 1.6 billion euros ($1.86 billion) at the midpoint of its forecast.

That compares with 2024-25 revenue of 1.24 billion euros, a 1.6% increase from the previous year.

The company is forecasting that its EBITDA margin, which was 54.4% at the end of its . . .

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