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SES optimistic for medium term as revenues, profit decline in Q3

Friday 27 October 2017 | 12:20 CET | News
Satellite operator SES said revenues for the third quarter slipped to EUR 478.5 million from 533.3 million the year before, with the EBITDA falling to EUR 307.5 million from 361.1 million and the net profit sinking to EUR 119.0 million from 596.7 million. At, core segment Video Services, revenue went to 478.5, down 3.8 percent like-for-like and 0.9 percent in terms of underlying revenue, with declines slowing compared to the year earlier. At Networks, revenue fell to EUR 146.0 million from 160.0 million.

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Categories: Broadcast & Satellite / Broadcast & Satellite
Companies: SES
Countries: World
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