SES revenue increases 9.6% to EUR 1,048 mn with 65.5% EBITDA margin

SES has posted revenue of EUR 1,048.7 million (+9.6 percent), EBITDA margin of 65.5 percent and net profit of EUR 275.5 million (+21.2 percent) in H1 2017.

SES generated revenue of EUR 699.7 million (+5.4 percent) in video and EUR 343.4 million (+24.9 percent) in networks business.

SES said its revenue from fixed data was EUR 139..6 million (+18.9 percent), mobility EUR 44.6 million (+88.1 percent) and Government EUR 112.9 million (+6.3 percent) in the first half of 2017.

SES revenue Q2 2017“SES continues to make a positive start to 2017 and is well positioned to generate sustained growth and improving returns,” said Karim Michel Sabbagh, president and CEO of SES.

At 30 June 2017, SES’s global fleet carried 7,741 TV channels, representing increase of 4 percent. SES’s HDTV channel count grew 6 percent to 2,587 channels, while the SES satellite network now also carries 20 commercial UHD channels, including regional variations.

SES in an earnings report said that HD penetration increased from 32.7 percent to 33.4 percent in the last 12 months. The company said the proportion of channels broadcast in MPEG-4 increased from 58.9 percent to 63.5 percent of SES’s total TV channels.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Paramount Skydance Sweetens $30-Per-Share Bid for Warner Bros Discovery with Ticking Fee and Breakup Fee Coverage

Paramount Skydance has strengthened its takeover bid for Warner...

Reliance Jio Studios Acquires 50.1% Stake in Sikhya Entertainment to Strengthen Global Content Creations

Reliance Strategic Business Ventures, a subsidiary of Reliance Industries...

Spotify Pays $11 bn to Music Content Creators in 2025 as Artist Royalties Hit Record High

Spotify has strengthened its appeal to music content creators...

How YouTube Is Driving Massive Video Viewership Through Shorts, Music, and AI Content

YouTube continues to cement its position as the world’s...