SES ups profits 11.5%

SES is beginning to reap the rewards of extra capacity being utilised, and in reporting its Q1 numbers, says it has seen “substantial” growth in its contracted backlog (from €7.6 billion y-o-y to €7.8 billion). Net profit attributable to SES shareholders of €128.4 million (Q1 2016: €115.1 million) represented an increase of 11.5 per cent over the prior period.

Source: SES ups profits 11.5% |