Luxembourg, 20 February 2015 – SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the year ended 31 December 2014.
“SES delivered another year of strong revenue and EBITDA growth in 2014. This reflects a series of successes in key market verticals and geographies in securing new business, as well as further serving our long-standing customers.
We have continued to execute on SES’s strategic principles for delivering long-term profitable growth, and enhancing our world-leading satellite operations. We have expanded our core video business by developing new neighbourhoods, securing new contracts and increasing channel count. Our investments in innovative solutions that bring together linear and non-linear broadcasting are also paving the way for the introduction of Ultra HD TV.
Data and Mobility applications are an increasing source of demand, and SES has continued to build its capabilities across multiple verticals – securing major new contracts for fixed networks as well as maritime and aeronautical connectivity. Our government business has continued to develop, with important new business wins despite the prevailing U.S. budget constraints. Within the business, our focus on operational optimisation has improved margins and enhanced overall profitability. “Looking forward, 2015 will be a year in which SES continues to build for future growth.
The recent announcements of the SES-14, SES-15 and SES-16/GovSat programmes demonstrate SES’s commitment to generating long-term revenue growth as part of our existing investment plan. These satellite programmes will use the latest technological innovations and leverage SES’s differentiated capabilities to deliver new capacity that will optimally serve attractive market verticals across the globe.”
SES saw a 5.1% increase in HD channels broadcast over its satellites in 2014 as it posted solid full-year results, with revenue up 4% to €1.919 billion and EBITDA up 5% to €1.428 billion.
Feb 20 2015
SES – 5.1% increase in HD channels in 2014
“SES delivered another year of strong revenue and EBITDA growth in 2014. This reflects a series of successes in key market verticals and geographies in securing new business, as well as further serving our long-standing customers.
We have continued to execute on SES’s strategic principles for delivering long-term profitable growth, and enhancing our world-leading satellite operations. We have expanded our core video business by developing new neighbourhoods, securing new contracts and increasing channel count. Our investments in innovative solutions that bring together linear and non-linear broadcasting are also paving the way for the introduction of Ultra HD TV.
Data and Mobility applications are an increasing source of demand, and SES has continued to build its capabilities across multiple verticals – securing major new contracts for fixed networks as well as maritime and aeronautical connectivity. Our government business has continued to develop, with important new business wins despite the prevailing U.S. budget constraints. Within the business, our focus on operational optimisation has improved margins and enhanced overall profitability. “Looking forward, 2015 will be a year in which SES continues to build for future growth.
The recent announcements of the SES-14, SES-15 and SES-16/GovSat programmes demonstrate SES’s commitment to generating long-term revenue growth as part of our existing investment plan. These satellite programmes will use the latest technological innovations and leverage SES’s differentiated capabilities to deliver new capacity that will optimally serve attractive market verticals across the globe.”
SES saw a 5.1% increase in HD channels broadcast over its satellites in 2014 as it posted solid full-year results, with revenue up 4% to €1.919 billion and EBITDA up 5% to €1.428 billion.
By Expat • UK Media News • Tags: HD, SES