SES: defying Moody’s downgrade with a FY24 pre-release
SES issued a market update ahead of its FY24 results on 26th February 2025. The update follows Moody’s downgrade of SES’s outlook from stable to negative, with its credit rating remaining just one notch above non-investment grade. SES now expects adj. EBITDA to exceed the guidance range (EUR950–1,0
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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