SGBAF - SES S.A. reports 1H results; reaffirms FY22 outlook
- SES S.A. press release ( OTCPK:SGBAF ): 1H GAAP EPS per A-share of €0.19; EPS per B-share of €0.08.
- Revenue of €899M (+2.7% Y/Y).
- Adjusted EBITDA of €545M (flat Y/Y as reported).
- Adjusted Net Profit improved by 11% Y/Y to €168M, while leverage reduced to 3.0 times.
- Contract backlog at 30 June 2022 was €5.1B (€5.8B gross backlog including backlog with contractual break clauses).
- 2022 group revenue and Adjusted EBITDA outlook is unchanged and expected to be between €1,750-1,810 million and between €1,030-1,070 million respectively.
For further details see:
SES S.A. reports 1H results; reaffirms FY22 outlook