Eutelsat projects modest 2027 revenue rise as OneWeb LEO business expands

Eutelsat announced that it expects a slight increase in revenue for 2027, driven by more than 30% growth in its low‑Earth‑orbit (LEO) satellite segment, OneWeb. The expansion of OneWeb offsets a decline in the company's traditional geostationary video services.

For the fiscal year ended June, the French satellite operator reported €1.24 billion in revenue, a 3% rise year‑on‑year, and a net loss that was more than halved thanks to lower impairment charges. Adjusted core earnings fell 3.1% to €632.4 million, while the core profit margin is expected to stay roughly unchanged from 2025/26.