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SES SA (SESFd.PA)

SESFd.PA on Paris Stock Exchange

14.99EUR
13 Sep 2019
Change (% chg)

€0.37 (+2.50%)
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Fri, Jul 26 2019

SES's affirmed outlook eases concerns, shares jump

SES stuck with its guidance for 2019 and 2020 as it reported a decline in first-half core profit on Friday, sending shares in the Luxembourg-based satellite operator higher.

UPDATE 1-SES's affirmed outlook eases concerns, shares jump

* Shares up 6% (Adds share price, analyst comment, CEO comments on C-band, background)

Satellite company SES Q1 profit drops, maintains FY outlook

April 26 Luxembourg-based satellite operator SES said on Friday its first-quarter core profit dropped 5 percent year-on-year, but was in line with expectations, boosted by the company's Networks division.

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