• Latest
  • Trending
  • All
  • News
  • TV/Radio Deals
  • Film partnerships
  • New appointments
  • Production
  • TV Channels
SES announces financial results for 2019

SES announces financial results for 2019

October 28, 2019
Shahid and Al-Manassa sign deal to expand streaming access in Iraq

Shahid and Al-Manassa sign deal to expand streaming access in Iraq

July 15, 2025
Ad 1
SES secures final approvals for $3.1bn acquisition of Intelsat

SES secures final approvals for $3.1bn acquisition of Intelsat

July 15, 2025
Calrec to unveil major upgrades across Argo console range at IBC

Calrec to unveil major upgrades across Argo console range at IBC

July 15, 2025
Viu and SBS announce global premiere of ‘Taxi Driver’ third season

Viu and SBS announce global premiere of ‘Taxi Driver’ third season

July 15, 2025
Jordan to open its first drive-in theatre at Amman film fest

Amman International Film Festival announces winners of sixth edition

July 15, 2025
First Gulf Company and Arabsat to deliver satellite data services across KSA

First Gulf Company and Arabsat to deliver satellite data services across KSA

July 15, 2025
Actus Digital to showcase AI-powered compliance monitoring at IBC 2025

Actus Digital to showcase AI-powered compliance monitoring at IBC 2025

July 15, 2025
BeIN Asia Pacific upgrades broadcast distribution with Appear X Platform

BeIN Asia Pacific upgrades broadcast distribution with Appear X Platform

July 15, 2025
Zawya Cinema to release Palestinian film ‘To A Land Unknown’ on July 16

Zawya Cinema to release Palestinian film ‘To A Land Unknown’ on July 16

July 15, 2025
Auto Draft

Grass Valley and Daktronics forge strategic partnership

July 14, 2025
Asharq News revamps ‘Da’erat Asharq’ with new format

Asharq News revamps ‘Da’erat Asharq’ with new format

July 14, 2025
Honor of Kings World Cup set to kick off in Riyadh with $3m prize pool

Honor of Kings World Cup set to kick off in Riyadh with $3m prize pool

July 14, 2025
  • Advertise
  • Subscribe
  • Magazine Archive
  • Directory
  • Contact
Wednesday, July 16, 2025
BroadcastPro ME
  • News
    • All
    • Analyst Reports
    • AV
    • Cinema Theatres
    • Esports
    • Film partnerships
    • International News
    • Mergers/Acquisitions
    • New appointments
    • OTT/Video Streaming
    • Podcasting
    • Production
    • Satellite/Broadcasting
    • Satellite/Comms
    • TV/Radio Deals
    Shahid and Al-Manassa sign deal to expand streaming access in Iraq

    Shahid and Al-Manassa sign deal to expand streaming access in Iraq

    SES secures final approvals for $3.1bn acquisition of Intelsat

    SES secures final approvals for $3.1bn acquisition of Intelsat

    Viu and SBS announce global premiere of ‘Taxi Driver’ third season

    Viu and SBS announce global premiere of ‘Taxi Driver’ third season

    Jordan to open its first drive-in theatre at Amman film fest

    Amman International Film Festival announces winners of sixth edition

    First Gulf Company and Arabsat to deliver satellite data services across KSA

    First Gulf Company and Arabsat to deliver satellite data services across KSA

    BeIN Asia Pacific upgrades broadcast distribution with Appear X Platform

    BeIN Asia Pacific upgrades broadcast distribution with Appear X Platform

    Zawya Cinema to release Palestinian film ‘To A Land Unknown’ on July 16

    Zawya Cinema to release Palestinian film ‘To A Land Unknown’ on July 16

    Auto Draft

    Grass Valley and Daktronics forge strategic partnership

    Asharq News revamps ‘Da’erat Asharq’ with new format

    Asharq News revamps ‘Da’erat Asharq’ with new format

    Honor of Kings World Cup set to kick off in Riyadh with $3m prize pool

    Honor of Kings World Cup set to kick off in Riyadh with $3m prize pool

    Trending Tags

    • broadcast
    • MENA broadcast
    • ConnecTech2019
  • Tech Features
    • All
    • CASE STUDIES
    • New Media
    • REVIEWS
    • TV/Radio Deals
    • Updates from FOMEX
    • Virtual Production Series
    Breaking free from the hardware cycle: Cloud collaboration in post-production

    Breaking free from the hardware cycle: Cloud collaboration in post-production

    Playing to win

    Playing to win

    The expanding role of AI in broadcast

    The expanding role of AI in broadcast

    The power of podcasts and audio streaming in MENA

    The power of podcasts and audio streaming in MENA

    Tech strategies for an evolving modern MENA media ecosystem

    Tech strategies for an evolving modern MENA media ecosystem

    SMF and FOMEX bring top industry leaders together in Riyadh – Part II

    SMF and FOMEX bring top industry leaders together in Riyadh – Part IV

    SMF and FOMEX bring top industry leaders together in Riyadh – Part I

    SMF and FOMEX bring top industry leaders together in Riyadh – Part III

    SMF and FOMEX bring top industry leaders together in Riyadh – Part II

    SMF and FOMEX bring top industry leaders together in Riyadh – Part II

    SMF and FOMEX bring top industry leaders together in Riyadh – Part I

    SMF and FOMEX bring top industry leaders together in Riyadh – Part I

    Transforming the entertainment experience with tech

    Transforming the entertainment experience with tech

    Trending Tags

    • Videos
      FOR-A’s award-winning HVS-Q12: A quantum leap in switcher design

      FOR-A’s award-winning HVS-Q12: A quantum leap in switcher design

      Ignacio Gonzalez-Nuñez on Eutelsat’s new offering and market leadership

      Ignacio Gonzalez-Nuñez on Eutelsat’s new offering and market leadership

      Francesco Cataldo on iKO Media Group’s CABSAT showcase and broadcast trends

      Francesco Cataldo on iKO Media Group’s CABSAT showcase and broadcast trends

      Deepraj Sandhar on Ross Video’s Middle East growth and broadcast tech trends

      Deepraj Sandhar on Ross Video’s Middle East growth and broadcast tech trends

      Reema Omari

      Reema Omari on Universal Satcom’s growth and connectivity solutions

      Mustafa Afifi

      Mustafa Afifi of Rivada Space on Outernet’s impact in the Middle East

      Don

      ST Engineering iDirect CEO Don Claussen on Mideast ties and satellite strategy

      KSASummit

      Transforming Arabic Content: Studios, Producers and Regional Impact

      Bringing Real-Time Audience Insights to Linear Broadcast TV – A First and Exclusive

      Bringing Real-Time Audience Insights to Linear Broadcast TV – A First and Exclusive

    • Opinion
      Survival of the Smartest: Cloud Playout as a Strategic Weapon

      Survival of the Smartest: Cloud Playout as a Strategic Weapon

      Bridging the Latency Gap with Broadcast in a Streaming World

      Bridging the Latency Gap with Broadcast in a Streaming World

      YouTube in Ramadan: The silent giant

      YouTube in Ramadan: The silent giant

      Evision’s transformation proves that business acumen and passion drive success

      Sport’s Growing Grip on MENA Media

      MEASA’s media and communications innovations set new benchmarks beyond regional boundaries

      MEASA’s media and communications innovations set new benchmarks beyond regional boundaries

      Integrate ME 2023 brings its inaugural edition to successful conclusion

      Empowering the next generation of content creation and live broadcasting with AV PRO

      Decoding the Ramadan Drama Phenomenon: What Makes a Winner?

      Decoding the Ramadan Drama Phenomenon: What Makes a Winner?

      Reviving cultural identity through native storytelling in Abu Dhabi

      Reviving cultural identity through native storytelling in Abu Dhabi

      Why it’s game on for broadcasters of live sport

      Why it’s game on for broadcasters of live sport

      Evision’s transformation proves that business acumen and passion drive success

      Saudi Arabia emerges as the epicentre of Media & Entertainment in 2025

    • Interviews
      • All
      • Lounge
      Sand, sweat and high stakes

      Sand, sweat and high stakes

      All eyes on AIUIa

      All eyes on AIUIa

      Grass Valley scales up with software and IP workflows

      Grass Valley scales up with software and IP workflows

      Breaking barriers, building futures: The new face of IABM

      Breaking barriers, building futures: The new face of IABM

      New Leadership, Same Strategy, Sharpened Focus

      New Leadership, Same Strategy, Sharpened Focus

      Creating Captain Shedeed: A superhero with Arab roots

      Creating Captain Shedeed: A superhero with Arab roots

      UAE Pro League flips the field

      UAE Pro League flips the field

      Bringing the wild to the Middle East

      Bringing the wild to the Middle East

      Shades of success

      Shades of success

      Navigating the news wave

      Navigating the news wave

    • Products
    • Magazine Archive
      • BroadcastPro ME Magazine
      • PRO Directory
    • Events
      • News from Events
      • Upcoming Events
      DICM

      DICM

      IBC Show

      IBC 2025

      MPTS

      CABSAT2025

      CABSAT2025

      NAB Show

    No Result
    View All Result
    BroadcastPro ME
    • News
      • All
      • Analyst Reports
      • AV
      • Cinema Theatres
      • Esports
      • Film partnerships
      • International News
      • Mergers/Acquisitions
      • New appointments
      • OTT/Video Streaming
      • Podcasting
      • Production
      • Satellite/Broadcasting
      • Satellite/Comms
      • TV/Radio Deals
      Shahid and Al-Manassa sign deal to expand streaming access in Iraq

      Shahid and Al-Manassa sign deal to expand streaming access in Iraq

      SES secures final approvals for $3.1bn acquisition of Intelsat

      SES secures final approvals for $3.1bn acquisition of Intelsat

      Viu and SBS announce global premiere of ‘Taxi Driver’ third season

      Viu and SBS announce global premiere of ‘Taxi Driver’ third season

      Jordan to open its first drive-in theatre at Amman film fest

      Amman International Film Festival announces winners of sixth edition

      First Gulf Company and Arabsat to deliver satellite data services across KSA

      First Gulf Company and Arabsat to deliver satellite data services across KSA

      BeIN Asia Pacific upgrades broadcast distribution with Appear X Platform

      BeIN Asia Pacific upgrades broadcast distribution with Appear X Platform

      Zawya Cinema to release Palestinian film ‘To A Land Unknown’ on July 16

      Zawya Cinema to release Palestinian film ‘To A Land Unknown’ on July 16

      Auto Draft

      Grass Valley and Daktronics forge strategic partnership

      Asharq News revamps ‘Da’erat Asharq’ with new format

      Asharq News revamps ‘Da’erat Asharq’ with new format

      Honor of Kings World Cup set to kick off in Riyadh with $3m prize pool

      Honor of Kings World Cup set to kick off in Riyadh with $3m prize pool

      Trending Tags

      • broadcast
      • MENA broadcast
      • ConnecTech2019
    • Tech Features
      • All
      • CASE STUDIES
      • New Media
      • REVIEWS
      • TV/Radio Deals
      • Updates from FOMEX
      • Virtual Production Series
      Breaking free from the hardware cycle: Cloud collaboration in post-production

      Breaking free from the hardware cycle: Cloud collaboration in post-production

      Playing to win

      Playing to win

      The expanding role of AI in broadcast

      The expanding role of AI in broadcast

      The power of podcasts and audio streaming in MENA

      The power of podcasts and audio streaming in MENA

      Tech strategies for an evolving modern MENA media ecosystem

      Tech strategies for an evolving modern MENA media ecosystem

      SMF and FOMEX bring top industry leaders together in Riyadh – Part II

      SMF and FOMEX bring top industry leaders together in Riyadh – Part IV

      SMF and FOMEX bring top industry leaders together in Riyadh – Part I

      SMF and FOMEX bring top industry leaders together in Riyadh – Part III

      SMF and FOMEX bring top industry leaders together in Riyadh – Part II

      SMF and FOMEX bring top industry leaders together in Riyadh – Part II

      SMF and FOMEX bring top industry leaders together in Riyadh – Part I

      SMF and FOMEX bring top industry leaders together in Riyadh – Part I

      Transforming the entertainment experience with tech

      Transforming the entertainment experience with tech

      Trending Tags

      • Videos
        FOR-A’s award-winning HVS-Q12: A quantum leap in switcher design

        FOR-A’s award-winning HVS-Q12: A quantum leap in switcher design

        Ignacio Gonzalez-Nuñez on Eutelsat’s new offering and market leadership

        Ignacio Gonzalez-Nuñez on Eutelsat’s new offering and market leadership

        Francesco Cataldo on iKO Media Group’s CABSAT showcase and broadcast trends

        Francesco Cataldo on iKO Media Group’s CABSAT showcase and broadcast trends

        Deepraj Sandhar on Ross Video’s Middle East growth and broadcast tech trends

        Deepraj Sandhar on Ross Video’s Middle East growth and broadcast tech trends

        Reema Omari

        Reema Omari on Universal Satcom’s growth and connectivity solutions

        Mustafa Afifi

        Mustafa Afifi of Rivada Space on Outernet’s impact in the Middle East

        Don

        ST Engineering iDirect CEO Don Claussen on Mideast ties and satellite strategy

        KSASummit

        Transforming Arabic Content: Studios, Producers and Regional Impact

        Bringing Real-Time Audience Insights to Linear Broadcast TV – A First and Exclusive

        Bringing Real-Time Audience Insights to Linear Broadcast TV – A First and Exclusive

      • Opinion
        Survival of the Smartest: Cloud Playout as a Strategic Weapon

        Survival of the Smartest: Cloud Playout as a Strategic Weapon

        Bridging the Latency Gap with Broadcast in a Streaming World

        Bridging the Latency Gap with Broadcast in a Streaming World

        YouTube in Ramadan: The silent giant

        YouTube in Ramadan: The silent giant

        Evision’s transformation proves that business acumen and passion drive success

        Sport’s Growing Grip on MENA Media

        MEASA’s media and communications innovations set new benchmarks beyond regional boundaries

        MEASA’s media and communications innovations set new benchmarks beyond regional boundaries

        Integrate ME 2023 brings its inaugural edition to successful conclusion

        Empowering the next generation of content creation and live broadcasting with AV PRO

        Decoding the Ramadan Drama Phenomenon: What Makes a Winner?

        Decoding the Ramadan Drama Phenomenon: What Makes a Winner?

        Reviving cultural identity through native storytelling in Abu Dhabi

        Reviving cultural identity through native storytelling in Abu Dhabi

        Why it’s game on for broadcasters of live sport

        Why it’s game on for broadcasters of live sport

        Evision’s transformation proves that business acumen and passion drive success

        Saudi Arabia emerges as the epicentre of Media & Entertainment in 2025

      • Interviews
        • All
        • Lounge
        Sand, sweat and high stakes

        Sand, sweat and high stakes

        All eyes on AIUIa

        All eyes on AIUIa

        Grass Valley scales up with software and IP workflows

        Grass Valley scales up with software and IP workflows

        Breaking barriers, building futures: The new face of IABM

        Breaking barriers, building futures: The new face of IABM

        New Leadership, Same Strategy, Sharpened Focus

        New Leadership, Same Strategy, Sharpened Focus

        Creating Captain Shedeed: A superhero with Arab roots

        Creating Captain Shedeed: A superhero with Arab roots

        UAE Pro League flips the field

        UAE Pro League flips the field

        Bringing the wild to the Middle East

        Bringing the wild to the Middle East

        Shades of success

        Shades of success

        Navigating the news wave

        Navigating the news wave

      • Products
      • Magazine Archive
        • BroadcastPro ME Magazine
        • PRO Directory
      • Events
        • News from Events
        • Upcoming Events
        DICM

        DICM

        IBC Show

        IBC 2025

        MPTS

        CABSAT2025

        CABSAT2025

        NAB Show

      No Result
      View All Result
      BroadcastPro ME
      No Result
      View All Result
      AMT Ad ibc Ad
      Home News Satellite/Comms

      SES announces financial results for 2019

      Staff Writer by Staff Writer
      October 28, 2019
      in Satellite/Comms
      ShareTweetPostEmail

      YTD 2019 underlying revenue of EUR 1,433.5m (excluding periodic and other) was 3.6% lower than YTD 2018 (at constant FX).

      SES S.A. has announced a revenue of EUR 1,451.9m, down 3.9% at constant FX(1) as part of its financial results for the nine months ending 30 September 2019. Although revenues are less than 2018, with net profits this year being EUR 332.6m as opposed to 404.3 in 2018, the company states that the “financial performance” is “in line with SES’ expectations” and “sequential growth in quarterly revenue and EBITDA and financial outlook remain unchanged”.

      YTD 2019 underlying revenue of EUR 1,433.5m (excluding periodic and other) was 3.6% lower than YTD 2018 (at constant FX). Additionally, periodic and other revenue was EUR 18.4m in the nine months ended 30 September 2019.

      Video underlying revenue of EUR 904.5m (8.1% lower than YTD 2018) included EUR 300.7m in Q3 2019, which represented a decrease of 6.4% compared with Q3 2018. The YTD performance was in line with SES’ expectations and driven by lower distribution (-8.2%) and services (-7.7%) revenue, notably from the U.S. wholesale business and SES’ decision to reduce exposure to certain low-margin ‘legacy’ services contracts.

      Networks underlying revenue grew by 5.1% year-on-year (at constant FX) to EUR 529.0m driven by strong growth momentum in Mobility (+14.6%) and Government (+4.8%) while Fixed Data was slightly lower (-1.4%). Q3 2019 underlying revenue of EUR 182.2m represented an increase of 5.2% compared with Q3 2018.

      Net profit attributable to SES shareholders was EUR 249.9m in the first nine months of 2019.

      Net debt to EBITDA ratio (as per the rating agency methodology) was 3.47 times, compared with 3.50 times at Q2 2019 and 3.43 times at Q3 2018. The net debt to EBITDA ratio is expected to be at or below 3.30 times by the end of 2019.

      Speaking about the financial results, Steve Collar, CEO, commented: “For the seventh consecutive quarter, our results are in line with our expectations and with the outlook that we have given to the market, reflecting our on-going focus on execution in the core of our business. As expected, we are seeing revenue and EBITDA expansion flowing through in the second half of 2019 with strong control over costs and discretionary spending and the continued rationalisation and simplification of our business and organisation. Execution remains the focus for the rest of the year as we look to close out 2019 with a strong Q4 outturn, much as we did in 2018 and implied in our financial outlook which remains unchanged.

      “In Video, we completed the combination of our infrastructure and services capabilities; launched a dedicated TV platform in Ethiopia; secured important renewals in our core neighbourhoods; and introduced new products, such as a Satellite/OTT synchronisation capability, managed cloud playout through our partnership with Microsoft Azure and the further development of our in-house orchestration platform SES 360.

      “Our Networks business continues to grow with recent customer successes including important incremental business on SES-15 in support of our aero service provider customers; important business aviation partnerships with Collins Aerospace and Vista Global; our Signature Maritime Solutions now enabling connectivity in the Mediterranean; and deploying ‘life-changing’ broadband services that will allow our partners to improve connectivity in rural areas across Indonesia and Colombia.

      “I am excited by the progress that we are making with O3b mPOWER and our vision for a connected, seamless, cloud-scale MEO/GEO network. We are through the critical design phase for O3b mPOWER and have secured the launch of the first seven satellites with SpaceX for 2021. Importantly, we have partnered with Microsoft to extend Azure ExpressRoute services globally across our network, with our combined customers benefiting from the reach and performance of the SES network. All of this will be enabled by an automation and orchestration platform based on Open Network Automation Platform (ONAP) in partnership with Amdocs and leveraging our in-house Adaptive Resource Control (ARC) under development with Kythera to deliver unprecedented levels of flexibility and network efficiency. All of which will make it easy for our customers to get the very best service, delivered when and where they want it, at the right economics and with an unprecedented array of service offerings and enablement.

      This was underscored with the recent announcement that, together with Thales Avionics, we have successfully completed seamless and uninterrupted multi-orbit inflight interoperability demonstrations, paving the way for our MEO network to enhance and disrupt aviation services much as it has in cruise.

      Finally, the FCC Chairman has reiterated his belief that there will be ‘results to show in the Fall’ from the ongoing proceeding to repurpose C-Band to support the rapid and broad-based roll out of 5G services in the U.S. while protecting the 120 million TV and radio households who rely on the networks that our customers support. The C-Band Alliance is engaged proactively with all stakeholders in the U.S. to ensure that our proposal delivers a fair deal for all.”

       

      Tags: sesSES financial results 2019

      Related Posts

      SES secures final approvals for $3.1bn acquisition of Intelsat

      SES secures final approvals for $3.1bn acquisition of Intelsat

      July 15, 2025
      SES and Intelsat deal receives Federal clearance

      SES and Intelsat deal receives Federal clearance

      July 11, 2025
      EU Commission approves SES acquisition of Intelsat without conditions

      EU Commission approves SES acquisition of Intelsat without conditions

      June 12, 2025
      SES’s O3b mPOWER receives Platinum Space Sustainability rating

      SES’s O3b mPOWER receives Platinum Space Sustainability rating

      June 11, 2025
      SES appoints Elisabeth Pataki as Chief Financial Officer

      SES appoints Elisabeth Pataki as Chief Financial Officer

      June 9, 2025
      SES’s 7th and 8th O3b mPOWER satellites set to begin connectivity services

      SES’s 7th and 8th O3b mPOWER satellites set to begin connectivity services

      June 7, 2025

      Related News

      SES secures final approvals for $3.1bn acquisition of Intelsat

      SES secures final approvals for $3.1bn acquisition of Intelsat

      July 15, 2025
      SES and Intelsat deal receives Federal clearance

      SES and Intelsat deal receives Federal clearance

      July 11, 2025
      EU Commission approves SES acquisition of Intelsat without conditions

      EU Commission approves SES acquisition of Intelsat without conditions

      June 12, 2025
      SES’s O3b mPOWER receives Platinum Space Sustainability rating

      SES’s O3b mPOWER receives Platinum Space Sustainability rating

      June 11, 2025
      SES appoints Elisabeth Pataki as Chief Financial Officer

      SES appoints Elisabeth Pataki as Chief Financial Officer

      June 9, 2025
      SES’s 7th and 8th O3b mPOWER satellites set to begin connectivity services

      SES’s 7th and 8th O3b mPOWER satellites set to begin connectivity services

      June 7, 2025
      More Related News

      BroadcastPro ME

      • About
      • Advertise
      • Subscribe
      • Magazine Archive
      • Directory
      • Contact
      • Privacy

      Follow us on Social Media

      No Result
      View All Result
      • News
      • Tech Features
      • Videos
      • Opinion
      • Interviews
      • Products
      • Magazine Archive
        • BroadcastPro ME Magazine
        • PRO Directory
      • Events

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      Social Media Auto Publish Powered By : XYZScripts.com