Q1 16 down as expected with the positive impact of the €/$ variation and the negative impact of the development costs of the O3b equity associates. Q1 16 performance Revenue: €482m, +0.8% reported and -1.9% at cc EBITDA: €356m, stable and -2.9% st cc EBITDA margin improved to 74.% (from 74.5% at cc) EBIT €215m reported, -2.9% at cc Equity associate result -€28.3m vs -€31.2m Attributable reported net profit €115m: -€16m vs Q1 15 Attributable net profit a
29 Apr 2016
Q1 16 in line with expectations, O3b's pending control becomes the main driver
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Q1 16 in line with expectations, O3b's pending control becomes the main driver
SES SA FDR (Class A) (SESG:PAR) | 0 0 4.1% | Mkt Cap: 5,372m
- Published:
29 Apr 2016 -
Author:
Myriam Cohen -
Pages:
2 -
Q1 16 down as expected with the positive impact of the €/$ variation and the negative impact of the development costs of the O3b equity associates. Q1 16 performance Revenue: €482m, +0.8% reported and -1.9% at cc EBITDA: €356m, stable and -2.9% st cc EBITDA margin improved to 74.% (from 74.5% at cc) EBIT €215m reported, -2.9% at cc Equity associate result -€28.3m vs -€31.2m Attributable reported net profit €115m: -€16m vs Q1 15 Attributable net profit a