SES S.A.

SESG

Equity

ISIN LU0088087324 / Valor 922017

Euronext - Euronext Paris (2024-12-23)

EUR 2.95+0.07%

SES S.A.
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About company

SES S.A. is a global satellite operator providing satellite communication services to broadcasters, content and internet service providers, mobile and fixed network operators, governments, and institutions worldwide.

Summarized from source with an LLMView SourceSector: Telecommunications

Revenue Performance

SES S.A. reported group revenue of €978 million for H1 2024, which remained stable year-over-year. The growth in the Networks segment contributed significantly to maintaining this revenue level.

Adjusted EBITDA

For H1 2024, SES S.A. achieved an adjusted EBITDA of €525 million, tracking towards the upper half of the full-year outlook. This performance underscores the company's efficient cost management and operational execution.

Free Cash Flow

SES S.A. reported an adjusted free cash flow of €146 million for H1 2024, marking a 70% year-over-year increase. This significant growth was partly due to lower capital expenditures during the period.

Contract Backlog

The contract backlog for SES S.A. stood at €3.8 billion at the end of H1 2024. This includes approximately €430 million of renewals and new business signed, providing a solid foundation for future revenue streams.

Financial Outlook

SES S.A. reaffirmed its financial outlook for 2024, with expected revenue in the range of €1,940-2,000 million and adjusted EBITDA anticipated to be within the upper half of the €950-1,000 million range. The company also projected capital expenditures of €500-550 million for the year.

Summarized from source with an LLMView Source

Key figures

-49.9%1Y

-58.1%3Y

-76.8%5Y

Performance

34.0%1Y

34.6%3Y

41.8%5Y

Volatility