SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) has reported financial results for the three months and nine months ended September 30, 2011.
- YTD reported revenue of EUR 1,281.5 million
- YTD recurring1 revenue rose 3.0% to EUR 1,283.4 million
- YTD recurring EBITDA increased 3.7% to EUR 965.3 million
- Recurring EBITDA margin of 75.2%
- YTD Profit of the Group ahead 34.3% to EUR 446.7 million
- Net debt/EBITDA was 3.13x at the period end
- Contract backlog increased to EUR 7.1 billion, up 9% since end 2010
- EUR 1.6 billion of renewals and new business signed YTD
- Four satellites successfully launched during the quarter
- Strategic partnership with Gazprom Space Services for the Russian market