Revenues for the first 9 months stood at €1,469m, up by +0.4% at constant currency. On a quarterly basis, revenues were up by 2% to €488m for Q3 and beat consensus. The main contributor to this positive evolution remained the Network division. Recurring revenues were up +2.1% to €1,445m with a mixed performance amongst the divisions: SES Video was down by 2.8% while SES Networks increased by +13.6%. The EBITDA margin stood at 63.1%, down 2pts compared to the same period a year
07 Nov 2018
Latest publication above expectations but C-band uncertainties still present
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Latest publication above expectations but C-band uncertainties still present
SES SA FDR (Class A) (SESG:PAR) | 0 0 4.1% | Mkt Cap: 5,372m
- Published:
07 Nov 2018 -
Author:
Hugo Paternoster -
Pages:
3
Revenues for the first 9 months stood at €1,469m, up by +0.4% at constant currency. On a quarterly basis, revenues were up by 2% to €488m for Q3 and beat consensus. The main contributor to this positive evolution remained the Network division. Recurring revenues were up +2.1% to €1,445m with a mixed performance amongst the divisions: SES Video was down by 2.8% while SES Networks increased by +13.6%. The EBITDA margin stood at 63.1%, down 2pts compared to the same period a year