SESGL SES SA FDR (Class A)

SES Publishes 2023 Annual Report

SES S.A. has today published its , following the announcement of the company’s full year financial results for the 12 months ended 31 December 2023.

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About SES

SES has a bold vision to deliver amazing experiences everywhere on earth by distributing the highest quality video content and providing seamless data connectivity services around the world. As a leader in global content connectivity solutions, SES owns and operates the world’s only geosynchronous orbit and medium earth orbit (GEO-MEO) constellation of satellites with the unique combination of global coverage and high performance. By leveraging its vast and intelligent, cloud-enabled network, SES delivers high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to the world’s leading telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners. SES’s video network carries over 6,400 channels, reaching 363 million households, delivering managed media services for both linear and non-linear content. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: .

EN
29/02/2024

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Reports on SES SA FDR (Class A)

Ben Rickett ... (+2)
  • Ben Rickett
  • James Ratzer

SES (Neutral, €5.5, -5%) 2Q25: Results ahead, but FY25 guidance pendi...

SES has reported Q2 results ahead of lowered expectations, with revenue supported by accelerating government services. However the company is yet to provide FY25 guidance for the combined business, following the Intelsat merger close on 17 July. This is expected with the Q3 results, leaving a degree of uncertainty until then. In this Quick Take, we review the Q2 numbers and estimate the FY25 guidance as implied by the (reiterated) standalone guidance.

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