SES S.A.: SES: Q1 2021 Results
SES S.A. announces financial results for the three months ended 31 March 2021.
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SES Q1 2021 Results (Photo: Business Wire)
Strong execution delivering revenue of €436 million and Adjusted EBITDA
(1) of €268 million
(2,3) in FY 2020 to -4.6% YOY
(2,3) in Q1 2021
Solid Networks performance (flat YOY
(2,3)) in the COVID environment with strong prospects for future growth
7% YOY
(4) gains, supporting higher YOY Adjusted EBITDA margin (61%)
Solid cash flow generation and financial discipline supporting lower YOY leverage ratio
(5) of 3.1 times at 31 March 2021
Adjusted Net Profit up 42% YOY to €75 million
SES S.A.: SES Announces EUR 100 million Share Buyback Programme
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SES announces EUR 100 million share buyback programme (Photo: Business Wire)
The company will purchase up to 12 million A-shares and up to 6 million B-shares in equal proportion to maintain the ratio of two A-shares to one B-share, as required by the Articles of Association. The aggregate value of the programme shall not exceed EUR 100 million and the shares acquired under the programme are intended to be cancelled to reduce the total number of voting and economic shares. SES affirms its commitment to maintain balance sheet metrics consistent with investment grade ratios.
BUSINESS WIRE: SES Government Solutions Wins USD 35 Million Contract to Support Major Combatant Command
05.05.2021 - 08:50 | Quelle: Business Wire | Lesedauer etwa 3 min. | Text vorlesen Stop Pause Fortsetzen facebook twitter
Geostationary Program to provide reachback support, enhancing accuracy and intelligence capabilities for the missions
RESTON, Va. (BUSINESS WIRE) 05.05.2021
SES Government Solutions (SES GS), a wholly-owned subsidiary of SES, today announced it was awarded a new USD 35 million geostationary (GEO) satellite communications program contract in support of a major Department of Defense combatant command.
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To provide reachback capabilities from forward-stationed units in remote locations to Europe, the solution includes a Very Small Aperture Terminal (VSAT) netwo
bmt Extends HD Capacity Agreement With SES on ASTRA 19.2 Degrees East
Bavarian audiences will continue to receive free-to-air local and regional HD TV channels via satellite
Bayerische Medien Technik GmbH (bmt) has extended its partnership with SES, the global leader in content connectivity solutions, in a multi-year agreement to continue using SES s satellites at its prime TV neighbourhood at ASTRA 19.2 degrees East to broadcast Bavarian local TV channels in HD. bmt is a subsidiary of the Bayerische Landeszentrale für neue Medien (BLM), the regulatory authority for new media in Bavaria, and of the Bayerischer Rundfunk (BR), the Bavarian broadcasting association.
MP Deplatformed by Facebook Proposes New Law to Rein in Big Tech
Barely a day after being banished from Facebook, Australian MP Craig Kelly has acted swiftly to propose a new Bill that will seek to rein in the power of Big Tech companies like Facebook.
The Independent Member for Hughes is basing the Bill on a similar law passed overnight in Florida that will penalise social media companies if they remove political candidates from their platform, a practice also known as de-platforming.
According to the Florida law, tech giants like Google, Facebook, or Twitter face fines of around $100,000 per day for each day a state-wide candidate is banned from their platform, and $10,000 fines for other candidates.