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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

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Man on sailboat using mobile phone

Industry leader with profitable long-term growth outlook

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

+9%

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

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oil platform

Differentiated products and solutions to make a difference

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

€6.6 billion

Gross customer contract backlog

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Image of a person inside an airplane using mobile phone and laptop.

Attractive cash flow profile and total return fundamentals

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

€1.5 billion

Full Year 2025 adjusted EBITDA (2)

(1) Average of Euroconsult and Northern Sky Research (2022) for Video and Networks, including broadband access revenue (not a relevant market for SES)
(2) of annual Adjusted EBITDA on a like-for-like basis (Intelsat fully consolidated from January 1, 2025); FY25 like-for-like actuals are at a EUR/USD reported exchange rate of 1.12

Presentations

SES attends capital market conferences and organises management and investor relations roadshows and investor days to inform our stakeholders about the progress, developments and showcasing what is planned for the coming year.