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Inmarsat reiterates outlook as revenues lift 11% in Q1

Thursday 4 May 2017 | 11:47 CET | News
Inmarsat grew first quarter revenues by 11.3 percent year-on-year to USD 332.2 million despite challenging markets, with higher Government (+25%) and Aviation ((+42%) able to offset lower sales at Maritime (-2.8%) and Enterprise (-13.5%). EBITDA lifted 9.2 percent to USD 181.5 million while the adjusted profit after tax increased 14.5 percent to USD 52.5 million.

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Categories: Broadcast & Satellite / Broadcast & Satellite
Companies: Inmarsat / Vodafone Group
Countries: World
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