SES: 11% increase in net profit in the 1st half


SES unveils for the first half of 2022 an improvement in adjusted net profit of 10.6% to 168 million euros, despite an adjusted EBITDA margin down 1.6 points to 60.6% for revenues up 2 .8% 899 million (-2.1% excluding currency effects).

The satellite operator is highlighting a 2% growth in its network activity, a trajectory which it believes will be further reinforced by significant gains with the ARSAT and AXESS networks, or even by the entry into service of SES-17.

SES therefore says it is fully on track to achieve its full-year 2022 revenue targets (expected in the range of €1.75-1.81 billion) as well as adjusted EBITDA. .

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