SES announces 6-month financials

SES S.A. (Euronext Paris:SESG) (LuxX:SESG) has announced financial results for the six months ended 30 June 2017, the company said.

Revenue was EUR 1,048.7 million, up 9.6% over prior period (down 1.5% year over year).

EBITDA margin was 65.5% and operating profit margin 29.2%.

Net profit attributable to SES shareholders of EUR 275.5 million, up 21.2% over prior period.

Net debt to EBITDA ratio3 3.24 times (H1 2016: 2.03 times), in line with SES´s financial framework.

SES is a satellite operator, with more than 50 satellites in Geostationary Earth Orbit (GEO) and 12 in Medium Earth Orbit (MEO).