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SES Shareholders Approve Year 2009 Accounts and Dividend of EUR 0.73 Per Share at Annual General Meeting

1 April 2010 

At their Annual General Meeting (AGM) shareholders of SES S.A. approved all resolutions put to the meeting.

The AGM notably approved the company’s 2009 accounts and the proposed dividend of EUR 0.73 per A-share, which will be paid to shareholders and holders of SES FDRs on April 21st, 2010.

In 2009, SES achieved excellent returns for its investors and made significant progress in delivering shareholder value, as the group recorded revenues of EUR 1,701.6 million, achieved a net profit of EUR 476.5 million, successfully launched two new satellites, initiated four new satellite procurement programs and agreed to acquire Protostar-2, an in-orbit satellite that will provide incremental capacity over Asia. The company furthermore teamed up with YahSat to offer Direct-to-Home TV capacity in the Middle East and Northern Africa, and took a strategic stake in O3b Networks, a satellite-based, global internet backbone provider, designed to reach the “other three billion” people in the developing world who today do not have access to the internet.

Regarding the outlook for 2010, SES expects revenue and EBITDA to increase due to continued growth opportunities. With a contract backlog of EUR 6.7 billion and financing secured, SES is in a strong position to face future market opportunities within the satellite industry.

 

 

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