SES sees core profits rise
April 24, 2009
SES has reported a 12.2 per cent rise in its first-quarter core profit, maintained its full-year forecast and said it signed a E2 billion credit facility. SES, the world’s second-largest satellite operator, said that EBITDA rose to E308.9 million.
SES repeated its forecast of revenue growth between 3 per cent and 4 per cent on a like-for-like basis and an 82 per cent margin for its main infrastructure business.