Hispasat has posted revenues of €202.1 million for 2014, slightly up on the €201.4 million for the previous year.

However, both its EBITDA (€161.8 million) and net profit (€45.6 million) were lower than the respective totals of €163.8 million and €54 million in 2013.

Commenting on the results, Hispasat president Elena Pisonero said: “strengthening the turnover in a year in which we successfully faced a variety of difficulties and setbacks demonstrates the dynamism of the company’s strategy and organisation, upon being able to adapt to significant changes in our lne of work. This enables us to present strong, balanced figures and face 2015 with optimism”.