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SES S.A. today announced its financial results for the nine months ended 30 September 2019 with financial performance continuing to be in line with SES’ expectations; sequential growth in quarterly revenue and EBITDA and financial outlook unchanged.
Key financial highlights (YTD 2019):
- Reported revenue of EUR 1,451.9 million, down 3.9% at constant FX
- Underlying revenue of EUR 1,433.5 million; down 3.6% (Video: -8.1% and Networks +5.1%)
- EBITDA of EUR 889.6 million, representing a margin of 61.3% (YTD 2018: 63.1%) or 62.3% excluding restructuring charge
- Net profit attributable to SES’ shareholders of EUR 249.9 million
- On track to deliver financial outlook (with nearly 95% of FY 2019 expected group revenue now contracted)...
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