{
 "as_of": "2026-11-06",
 "cmr": "uk-cm-kg/LSE/ETL",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# EUTELSAT COMMUNICATIONS S.A. (LSE Main Market: ETL) — research page\n\nAs of 2026-11-06 · uk-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is EUTELSAT COMMUNICATIONS S.A., listed on the LSE Main Market under ticker ETL, with ISIN FR0010221234 and LEI 549300EFWH9UR17YSK05. Its security type is Corporate, its segment is SSX4, its sector is Telecommunications Equipment [151010], and its jurisdiction is France (FR). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 34 filings in the twelve months to 2026-11-06, across 21 filing days. The median gap between filing days is 7.0 days, and the record date falls 7 days after the latest filing. The exchange median is 4 days for cadence and 3 days for latency, across 892 issuers, with a median of 29.0 filings. The sector median is 8 days for cadence and 7 days for latency, across 8 issuers, with a median of 27.5 filings. The latest filing is a regulatory announcement dated 2026-10-30.\n\n## Auditor\n\nThe auditor of record is not on the record, and no auditor was found. The auditor's location is not on the record. Auditor changes are not on the record, because no lifecycle type map for this register yet exists (SHELF-01: us and ca first).\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because no lifecycle type map for this register yet exists (SHELF-01: us and ca first). The halt flag shows listed, not halted.\n\n## Orderability\n\nFor elective professional client, the outcome is signal ACM-200, determinable. For eligible counterparty, the outcome is signal ACM-200, determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 13 research houses: Berenberg, Bernstein, Société Générale Group, Deutsche Bank, BNP PARIBAS, Goldman Sachs, JP Morgan, Kepler Cheuvreux, Morgan Stanley, New Street Research, ODDO BHF, Stifel, and Bernstein, Société Générale Group.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nNo years for this issuer are sealed. The market's vintage is not sealed, and no earliest sealed date is on record. The live record began 2026-09-11. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n10 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (identity.exchange)\n- https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/ETL (identity.isin)\n- https://api.gleif.org/api/v1/lei-records/549300EFWH9UR17YSK05 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://www.londonstockexchange.com/stock/ETL/eutelsat-communications-s-a/company-page (identity.sector)\n- https://mcp.uk-cm-kg.ai/events/LSE/ETL (the disclosure lines)\n- https://marketsecurities.fca.org.uk/officiallist (the halt flag)\n- https://mcp.uk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.eutelsat.com/investors/share-price-information (coverage)\n- https://mcp.uk-cm-kg.ai/record/LSE/ETL (the record)\n",
 "market": "UK",
 "node": "uk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-11",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the UK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "market": "UK",
    "reason": "none found",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "UK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "UK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "uk-cm-kg/LSE/ETL",
  "coverage": {
   "count": 13,
   "houses": [
    {
     "analyst": "Paul Sidney",
     "house": "Berenberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    },
    {
     "analyst": "Aleksander Peterc",
     "house": "Bernstein, Société Générale Group",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    },
    {
     "analyst": "Roshan Ranjit",
     "house": "Deutsche Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    },
    {
     "analyst": "Geoffrey d'Halluin",
     "house": "BNP PARIBAS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    },
    {
     "analyst": "Andrew J. Lee, Halima Elyas",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    },
    {
     "analyst": "Akhil Dattani",
     "house": "JP Morgan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    },
    {
     "analyst": "Alessandro Cuglietta",
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    },
    {
     "analyst": "Terence Tsui",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    },
    {
     "analyst": "Ben Rickett",
     "house": "New Street Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    },
    {
     "analyst": "Stéphane Beyazian",
     "house": "ODDO BHF",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    },
    {
     "analyst": "Thomas Mordelle",
     "house": "Stifel",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    },
    {
     "house": "Bernstein",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    },
    {
     "analyst": "Aleksander Peterc",
     "house": "Société Générale Group",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.eutelsat.com/investors/share-price-information",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.eutelsat.com/investors/share-price-information",
     "result": "read: 13 of 23 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 892,
     "median_cadence_gap_days": 4,
     "median_filings": 29,
     "median_latency_days": 3,
     "name": "LSE Main Market"
    },
    "sector": {
     "issuers": 8,
     "median_cadence_gap_days": 8,
     "median_filings": 27.5,
     "median_latency_days": 7,
     "name": "Telecommunications Equipment [151010]"
    }
   },
   "by_type": {
    "agm_record_date": 2,
    "director_dealing": 3,
    "early_warning": 2,
    "newswire_release": 9,
    "regulatory_announcement": 18
   },
   "cadence_median_gap_days": 7,
   "filing_days": 21,
   "filings": 34,
   "latency_days": 7,
   "latest": [
    {
     "category": null,
     "date": "2026-10-30",
     "source": "https://www.investegate.co.uk/announcement/bzw/eutelsat-communications-s-a-cdi---etl/eutelsat-communications-notice-of-availabili-/9850750",
     "title": "Eutelsat Communications: Notice of Availabili...",
     "type": "regulatory_announcement"
    },
    {
     "category": null,
     "date": "2026-10-30",
     "source": "https://www.businesswire.com/news/home/20261029489436/fr",
     "title": "EUTELSAT COMMUNICATIONS : CHIFFRE D'AFFAIRES ...",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-29",
     "source": "https://www.investegate.co.uk/announcement/bzw/eutelsat-communications-s-a-cdi---etl/eutelsat-communications-first-quarter-2026-2-/9848981",
     "title": "Eutelsat Communications: First Quarter 2026-2...",
     "type": "regulatory_announcement"
    },
    {
     "category": null,
     "date": "2026-10-29",
     "source": "https://www.businesswire.com/news/home/20261029161761/en/Eutelsat-Communications-First-Quarter-2026-27-Revenues",
     "title": "Eutelsat Communications: First Quarter 2026-27 Revenues",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-23",
     "source": "https://www.investegate.co.uk/announcement/bzw/eutelsat-communications-s-a-cdi---etl/eutelsat-communications-notice-of-availabili-/9839483",
     "title": "Eutelsat Communications: Notice of Availabili...",
     "type": "regulatory_announcement"
    }
   ],
   "latest_filing_date": "2026-10-30",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/ETL",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "LSE Main Market"
   },
   "isin": {
    "read_by": "LSE instrument reference record (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/ETL",
    "state": "confirmed",
    "value": "FR0010221234"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/549300EFWH9UR17YSK05",
    "state": "sourced",
    "value": "France (FR)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN FR0010221234)",
    "state": "sourced",
    "value": "549300EFWH9UR17YSK05"
   },
   "name": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "EUTELSAT COMMUNICATIONS S.A."
   },
   "sector": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/ETL/eutelsat-communications-s-a/company-page",
    "state": "sourced",
    "value": "Telecommunications Equipment [151010]"
   },
   "security_type": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "SSX4"
   },
   "ticker": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "ETL"
   },
   "website": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/ETL/eutelsat-communications-s-a/company-page",
    "state": "sourced",
    "value": "http://www.eutelsat.com"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "UK",
  "node": "uk-cm-kg",
  "numbers_hash": "sha256:db82e8bf025d3e3da8af3be0d49e8d4f8dc76a3e545324f1841523ecd323abba",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "elective professional client",
    "eligible counterparty"
   ],
   "outcomes": {
    "elective professional client": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "eligible counterparty": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.uk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.uk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/uk/product-governance-fca-prod-sourcebook/r1",
   "section": "uk.aio.v16"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.uk-cm-kg.ai/record/LSE/ETL",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://marketsecurities.fca.org.uk/officiallist",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:db82e8bf025d3e3da8af3be0d49e8d4f8dc76a3e545324f1841523ecd323abba",
 "path": "/uk/LSE/ETL",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is EUTELSAT COMMUNICATIONS S.A., listed on the LSE Main Market under ticker ETL, with ISIN FR0010221234 and LEI 549300EFWH9UR17YSK05. Its security type is Corporate, its segment is SSX4, its sector is Telecommunications Equipment [151010], and its jurisdiction is France (FR). Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 34 filings in the twelve months to 2026-11-06, across 21 filing days. The median gap between filing days is 7.0 days, and the record date falls 7 days after the latest filing. The exchange median is 4 days for cadence and 3 days for latency, across 892 issuers, with a median of 29.0 filings. The sector median is 8 days for cadence and 7 days for latency, across 8 issuers, with a median of 27.5 filings. The latest filing is a regulatory announcement dated 2026-10-30.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and no auditor was found. The auditor's location is not on the record. Auditor changes are not on the record, because no lifecycle type map for this register yet exists (SHELF-01: us and ca first).",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because no lifecycle type map for this register yet exists (SHELF-01: us and ca first). The halt flag shows listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For elective professional client, the outcome is signal ACM-200, determinable. For eligible counterparty, the outcome is signal ACM-200, determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 13 research houses: Berenberg, Bernstein, Société Générale Group, Deutsche Bank, BNP PARIBAS, Goldman Sachs, JP Morgan, Kepler Cheuvreux, Morgan Stanley, New Street Research, ODDO BHF, Stifel, and Bernstein, Société Générale Group.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "No years for this issuer are sealed. The market's vintage is not sealed, and no earliest sealed date is on record. The live record began 2026-09-11. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "10 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer"
  },
  {
   "for": "identity.isin",
   "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/ETL"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/549300EFWH9UR17YSK05"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "identity.sector",
   "source": "https://www.londonstockexchange.com/stock/ETL/eutelsat-communications-s-a/company-page"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/ETL"
  },
  {
   "for": "the halt flag",
   "source": "https://marketsecurities.fca.org.uk/officiallist"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.uk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.eutelsat.com/investors/share-price-information"
  },
  {
   "for": "the record",
   "source": "https://mcp.uk-cm-kg.ai/record/LSE/ETL"
  }
 ],
 "title": "EUTELSAT COMMUNICATIONS S.A. (ETL) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}