Investor Presentaiton
Overview
SES
Overview and Business Description
▲ World's leading satellite-enabled solutions provider
Covering 99% of the globe and world's
population with 99.99% reliability
Two key target markets: Video distribution and Network
connectivity for corporate clients and governments
▲ Resilient Video business, highly cash generative
▲ Expanding Networks business as the growth engine
for SES
Articulated around 2 major value propositions:
Structure and Financials
SES Video
EUR 2 billion
Outlook and Equity Market
Financial outlook assumes a EUR/USD rate of
1.15 and nominal satellite health/launch status
68%
FY 2018
32%
SES Networks
▲ Group Revenue EUR 1,990 - 2,035 million
Video EUR 1,320 - 1,335 million
Networks EUR 660 - 690 million
Other revenue around EUR 10 million
2017 Revenue
A
EBITDA over EUR 1,270 million
EUR billion
Revenue and EBITDA
1.9
2.0
2.1
2.0
1.4
1.5
1.5
1.3
FY 2020
▲ Group Revenue EUR 2,110 - 2,210 million
Video EUR 1,250 - 1,300 million
Networks EUR 850 - 900 million
Other revenue around EUR 10 million
▲ EBITDA EUR 1,340 - 1,410 million
▲ Efficient video distribution and management of video
content in any place of the world
2014
2015
■Revenue EBITDA
2016
2017
▲ Provision of a satellite-based connectivity to any fixed
and mobile data network
FCF (before financing and acquisitions)
0.9
0.7
0.8
0.7
Supported by sustained competitive advantages from:
▲ Unique space and ground network
2014
2015
2016
2017
▲ Global reach, global scale
Times
ཅེ8 8ཀྑཱུ
EUR
▲ Listed on Euronext Paris
Luxembourg Stock Exchange
SES share price
and
Net debt / EBITDA*
▲ Expertise in customer solutions
2.8x
3.1x
3.3x
2.5x
0
Dec-15
Dec-16
Dec-17
To deliver market-leading growth due to sustained
competitive advantages through a differentiated strategy
and distinct capabilities
EUR
2013
2014
2015
2016
2017
EPS
1.41
1.49
1.34
2.18
1.21
2014
2015
2016
2017
Based on rating agency methodology
DPS
1.07
1.18
1.30
1.34
0.80
SES investor presentation I September 2018
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