SES Q3 revenues up 8.7%
Satellite giant SES has reported its Q3 numbers saying that revenues increased 8.7 per cent to €467.7 million, and helped by a stronger dollar during the period which ended September 30th. However, at constant exchange rates that number softened to a 1.8 per cent increase on the same period last year.
For its 9-month trading SES reported a revenue increase of 6.1 per cent to €1.359 billion, again helped by the favourable dollar exchange rate. At constant foreign exchange rates the increase was expressed at a 1.6 per cent growth of 2011’s figures. Profits for the 9 months to September 30th grew by €10 million, to €456.4 million (up 2.2 per cent).
SES says its all-important contract backlog stands at €7.2 billion, an all-time record for the operator and helped by a 24 transponder renewal contract from Canal Plus and a 6 transponder renewal by the BBC.