SES S.A. announced its FY16 result with consolidated revenue of €2.07 billion ($2.17 billion) and net profit of €962.7 million ($1.01 billion), resulting in a healthy net margin of 46%. The revenue had increased by 2.7% on yearly basis while the net profit had jumped by 76% on same basis.
The management believed the year 2016 as the year of acceleration for the company as it achieved the highest ever contract backlog owing to expansion across all its business segments.
