SES: 9m adjusted earnings up 23.2%

(CercleFinance.com) - SES has announced 9m 2022 adjusted earnings that are up 23.
2% y-o-y at 277 million euros.

Adjusted EBITDA rose 0.7% to 829 million euros, on revenue growth of 6.1% to 1,400 million euros.

The group said that it is on track to achieve its 2022 outlook, including deriving significant value from the US C-band and positioning SES for long-term profitable growth through the deployment of multi-orbit architecture and leading assets.

Far from stratospheric as the results might suggest, the share is currently down 2% in Paris.


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