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SES reports 5.4% fall in Q2 underlying revenues, keeps FY outlook unchanged

Friday 26 July 2019 | 12:15 CET | News
Satellite operator SES generated underlying revenues of EUR 476.7 million in the second quarter, down 5.4 percent year-on-year at constant exchange rates (-3.1% in Q1). The company said that performance at its Video and Networks business lines remained in line with expectations, highlighting that 90 percent of its expected group revenues for 2019 are already contractually committed. The financial targets for the full year have been confirmed, as the operator continued to see encouraging levels of demand across its Networks segments.

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Categories: Broadcast & Satellite
Companies: SES
Countries: World
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