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[Satellite TODAY 08-03-09] SES reported operating profits of 359.9 million euros in the first half of 2009, an increase of 9.2 percent over the first half of 2008, according to the company’s financial results released July 31. SES generated revenues of 843.4 million euros ($1.2 billion) in the first six months of 2009, an increase of about 7 percent compared to 2008.
During this period, SES’s capacity utilization increased to 80.5 percent, on a slightly increased base of 1,101 transponders. At the end of June, 886 transponders were utilized, compared to 855 at the end of 2008.
“A steady stream of contract wins, including a major contract renewal by BSkyB, have contributed to the growth of our contract backlog to 6.5 billion euros ($9.1 billion), equivalent to four times 2008 revenue. The operational outlook is favorable, and SES is pursuing numerous opportunities to continue on its profitable growth path,” SES CEO Romain Bausch said in a statement.
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