Equity Story

We operate a unique multi-orbit satellite-based network which combines global coverage with high performance connectivity to deliver solutions anywhere on land, at sea or in the air. 

Our equity story


Industry leader with profitable long-term growth outlook

  • Expanding demand for connectivity
  • Important growth investments
  • Long history of customer success
  • Track record of innovation


Expected average annual industry revenue growth (2021 - 2031) (1)


Differentiated products and solutions to make a difference

  • Communication without limits
  • High-performance connectivity
  • Unparalleled audience reach
  • Bold ESG agenda and targets

~€4 billion

Fully protected contract backlog


Attractive cash flow profile and total return fundamentals

  • Disciplined financial policy
  • Strong balance sheet metrics
  • Stable to progressive dividend
  • Significant C-band monetisation

€1.02 billion

Full Year 2023 adjusted EBITDA

1) Average of Euroconsult and Northern Sky Research (2022) for Video and Networks, including broadband access revenue (not a relevant market for SES)