Jul 30, 2021 / 06:30AM GMT
Operator
Good day, and welcome to the Eutelsat Full Year 2021 Results Conference Call and Webcast. Today's conference is being recorded. At this time, I would like to turn the conference over to Mr. Rodolphe Belmer, CEO. Please go ahead, sir.
Rodolphe Belmer - Eutelsat Communications S.A. - CEO & Director
Welcome, and thank you for joining us today at our full year 2020/2021 results presentation. I am Rodolphe Belmer, CEO. And I'm joined on today's call by Michel Azibert, our Deputy CEO; and Sandrine Téran, CFO.
Let's start by taking a look at the highlights of the year. Operating verticals revenues were at the top end of our range of objectives, which were upgraded twice during the year. Despite a tough external context related to the COVID crisis, we delivered a robust financial performance, including industry-leading profitability, a record level of cash generation and a further reduction in net debt.
On the commercial front, the strong performance resulted in a growing backlog, representing 3.5 years of revenues. We made significant headway in
Full Year 2021 Eutelsat Communications SA Earnings Call Transcript
Feb 13, 2024
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