Latest News

SES Q1 2022

June 28, 2022

      In Q1 2022, operator SES reported:

      • Total revenue of 448 million euros ($472.5 million), up 12 million euros ($12.66 million) compared to the same stage last year.
      • Net profit was 82 million euros ($86.49 million) in the quarter, up 13 million euros compared to the same stage last year.
      • SES Video revenues for the quarter reached 261 million euros ($275.29 million), down just over 2.5% compared to the same stage last year.
      • During the quarter, SES Video announced a deal with long-term partner Sky UK, valued at around 85 million euro.
      • SES Mobility revenues reached 57 million euros ($60.12 million) in revenues, up almost 10%  compared to the same stage last year.
      • SES Networks revenues reached 186 million euros ($196.18 million), a very small drop compared to the same stage last year.
      • SES’ EBITDA beat forecasts and SES’s Networks business delivered revenues 4% ahead of Deutsche Bank estimates.