SES fell short of expectation at the EBITDA level. The company has yet to be impacted by COVID-19 side effects but no doubt it will. SES thus did not provide an update on its outlook, on which we stand at the bottom-end of expectation. No change expected in our estimates.
07 May 2020
Q1 20: Crisis will reveal a resilient business model
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Q1 20: Crisis will reveal a resilient business model
SES SA FDR (Class A) (SESG:PAR) | 0 0 4.1% | Mkt Cap: 5,372m
- Published:
07 May 2020 -
Author:
Hugo Paternoster - Pages:
SES fell short of expectation at the EBITDA level. The company has yet to be impacted by COVID-19 side effects but no doubt it will. SES thus did not provide an update on its outlook, on which we stand at the bottom-end of expectation. No change expected in our estimates.