SES result 30/10/2015

By Dhruv Dayal Gupta
ses
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SES SA, a leading satellite communications provider, reported an decrease of 1.2% YoY in operating profit for Q3, at €216.5 million ($235 million). Turnover was reported at €493.5 million ($539 billion) up 5.5% YoY however, due to a weaker Euro, which otherwise would have caused a decline of 3.3%. For the nine month period, profit was up 3.7% YoY to €473.5 million ($517 million), whereas turnover for the same period was up 6.1% (constant currency decline of nearly 3%) YoY at €1.5 billion ($1.64 billion).