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SES expects lower revenues, EBITDA in 2021, as underlying revenues drop 5% in Q4

Thursday 25 February 2021 | 10:33 CET | News
Satellite operator SES generated underlying revenues of EUR 466 million in the three months to December, down 5.1 percent year-on-year at constant currency (-2.1% in Q3). The negative growth trend continued to reflect the contraction at the Video Distribution and Video Services divisions (-9.2% % and -3.8% respectively), with underlying revenues decreasing to EUR 276 million across the two. After a positive performance in the first three quarters of 2020, the Network division saw underlying revenues decline slightly (-0.8%) to EUR 190 million. 

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Categories: Broadcast & Satellite
Companies: SES
Countries: World
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