SES Q3 results
October 30, 2007
SES has reported on its financial performance for the three months ended 30 September 2007. Revenue was E406.9 million. Operating profit was E175.9 million and Net profit was E138.8million
Romain Bausch, President and CEO of SES, commented: “Despite the introduction of additional satellite capacity via the move of ASTRA 2C to 28.2 degrees East, the group fleet utilisation rate has remained high, at 75 per cent. The growth of our operational business, coupled with some financial developments and our ongoing share buyback activities, translates intoa strong earnings per share growth through the year.”