Core Insights - Eutelsat's first quarter revenues for the fiscal year 2025/26 were in line with expectations, confirming all full-year financial objectives and longer-term targets [3][4] - LEO (Low Earth Orbit) revenues experienced significant growth, increasing by 70% [3] - Total revenues for the first quarter amounted to EUR 293 million, reflecting a slight decline of 0.3% on a like-for-like basis, impacted by a EUR 10 million negative currency effect [4] Revenue Performance - The total revenue for the first quarter was EUR 293 million, which was virtually stable with a decrease of 0.3% on a like-for-like basis [4] - The revenue decline was attributed to a EUR 10 million negative currency effect and a EUR 7 million positive swing in other revenues, primarily from hedging and revenue recognition related to IRIS2 [4] - Revenues from the four operating verticals decreased by 1.2% on a like-for-like basis [4] Corporate Actions - An extraordinary general meeting was held on September 30, where all resolutions related to contemplated capital increases were approved [3]