OverviewSuggest Edit

SES is a communications satellite owner and operator. The company offers video services, such as broadcasting, content distribution and occasional use, and full-time content contribution and distribution services. It also provides cloud-scale connectivity solutions, satellite-enabled communications and network services for mobile and broadband customers, as well as network infrastructure and services.

TypePublic
Founded1985
HQBetzdorf, LU
Websiteses.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Aug 2021)2,096(-2%)
Job Openings207
Revenue (FY, 2018)€2 B(-1%)
Share Price (Nov 2021)€7.3(-1%)
Cybersecurity ratingDMore
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Key People/Management at SES

Steve Collar

Steve Collar

Chief Executive Officer
Frank Esser

Frank Esser

Chairman of the Board
Christophe De Hauwer

Christophe De Hauwer

Chief Strategy and Development Officer
John-Paul Hemingway

John-Paul Hemingway

Chief Executive Officer, SES Networks
Thai Rubin

Thai Rubin

Chief Legal Officer
Evie Roos

Evie Roos

Chief Human Resources Officer
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SES Office Locations

SES has offices in Betzdorf, City of Manassas, Miramar, Princeton and in 25 other locations
Betzdorf, LU (HQ)
Château de Betzdorf
Rio de Janeiro, BR
Praia de Botafogo
São Paulo, BR
12551 Av. das Nações Unidas
Bogotá, CO
Calle 100 8A - 55, Edificio B, Piso 11, Oficina 09
Addis Ababa, ET
Medahenealm building, 7th floor, Bole Sub City, Wereda 03/04
Paris, FR
10 Rue Vignon
Show all (30)

SES Financials and Metrics

SES Revenue

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SES's revenue was reported to be €2.01 b in FY, 2018 which is a 1.2% decrease from the previous period.
EUR

Revenue (Q1, 2019)

480.6m

Net income (Q1, 2019)

68.2m

EBITDA (Q1, 2019)

290.1m

EBIT (Q1, 2019)

113.2m

Market capitalization (10-Nov-2021)

4.1b

Closing stock price (10-Nov-2021)

7.3

Cash (31-Dec-2018)

909.1m

EV

7.6b
SES's current market capitalization is €4.1 b.
Annual
EURFY, 2016FY, 2017FY, 2018

Revenue

2.1b2.0b2.0b

Revenue growth, %

(2%)(1%)

Cost of goods sold

231.0m273.9m285.8m

Gross profit

1.8b1.8b1.7b
Quarterly
EURQ1, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

540.6m478.5m477.6m503.8m488.0m480.6m

Operating expense total

183.0m171.0m173.2m187.1m181.4m190.5m

Depreciation and amortization

170.9m165.1m165.6m177.8m(180.0m)176.9m

EBITDA

357.6m307.5m304.4m316.7m306.6m290.1m
Annual
EURFY, 2016FY, 2017FY, 2018

Cash

587.5m269.6m909.1m

Accounts Receivable

971.7m648.2m614.2m

Prepaid Expenses

49.8m43.7m62.8m

Inventories

30.2m30.1m35.1m
Half Year
EURH1, 2017H1, 2018

Cash

234.8m685.1m

Accounts Receivable

721.8m525.1m

Prepaid Expenses

49.2m52.9m

Inventories

36.1m33.4m
Annual
EURFY, 2016FY, 2017FY, 2018

Depreciation and Amortization

631.2m713.6m864.4m

Inventories

(7.8m)(2.7m)(5.2m)

Accounts Payable

53.6m66.7m92.2m

Cash From Operating Activities

1.3b1.3b1.2b
Half Year
EURH1, 2017H1, 2018

Cash From Operating Activities

635.1m688.0m

Purchases of PP&E

(239.7m)(231.6m)

Cash From Investing Activities

(259.9m)(249.3m)

Long-term Borrowings

(68.7m)(98.0m)
EURFY, 2016

EV/EBITDA

9.2 x

EV/EBIT

10.1 x

EV/CFO

10.5 x

Revenue/Employee

1.6m

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2 x
Show all financial metrics

SES Operating Metrics

Q1, 2017H1, 2017Mar, 2018Q1, 2018H1, 2018Q1, 2019

Channels

7.61 k7.74 k7.7 k7.77 k7.94 k8.29 k

HD Channels

2.5 k2.59 k2.6 k2.67 k2.77 k2.83 k

Satellite Fleet

5050667370

Video Customers

431
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SES Acquisitions / Subsidiaries

Company NameDateDeal Size
O3b NetworksJune 04, 2016$730 m
RR MediaFebruary 26, 2016$242 m
SES NEW SKIESDecember 14, 2005
Al Maisan Satellite Communications (YahSat) LLC
AMC-10 Holdings LLC
AMC-11 Holdings LLC
AMC-12 Holdings LLC
AMC-15 Holdings LLC
AMC-16 Holdings LLC
AMC-1 Holdings LLC
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SES Revenue Breakdown

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SES revenue breakdown by business segment: 65.0% from SES Video, 34.6% from SES Networks and 0.4% from Other

SES revenue breakdown by geographic segment: 20.3% from Germany, 13.9% from United Kingdom, 29.3% from Others, 28.7% from United States of America and 7.9% from Other

SES Cybersecurity Score

Cybersecurity ratingPremium dataset

D

61/100

SecurityScorecard logo

SES Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

SES Online and Social Media Presence

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SES News and Updates

Telesat sides with SES against Intelsat’s request for more C-band money

Telesat and SES are urging the U.S. Federal Communications Commission to reject Intelsat’s request for a larger share of the $9.7 billion in incentive payments the FCC plans to offer satellite operators to hasten the clearing of C-band spectrum the United States wants to repurpose for 5G cellular n…

SES and Eutelsat make their own cases for more C-band money

SES has started its own campaign for more money, arguing that “undisputed facts conclusively show that Intelsat and SES deserve equal shares of any accelerated relocation payments.” SpaceNews.com

Belgian Development Agency Partners with SES to Connect Foreign Aid Projects in Africa via Satellite

Satellite-enabled solutions will bring connectivity in remote locations, improving the lives of thousands of people.read more

SES Names Sandeep Jalan as New Chief Financial Officer

Sandeep Jalan Luxembourg, 11 February 2020 – SES, the leader in global content connectivity solutions, today announced the Board of Directors has appointed Sandeep Jalan as Chief Financial Officer (CFO) of SES. He will assume the position from 6 May 2020.read more
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SES Blogs

Orange and SES Team up on O3b mPOWER Communications System and Open a New Era for Satellite Connectivity Innovation

Orange and SES Team up on O3b mPOWER Communications System and Open a New Era for Satellite Connectivity Innovationfpokuta 27 Feb 2020

NHK WORLD-JAPAN Joins Growing TV Channels on Ethiosat

NHK WORLD-JAPAN Joins Growing TV Channels on Ethiosatfpokuta 26 Feb 2020

The importance of 360 solutions

The importance of 360 solutionsrseid 25 Feb 2020

SES Responds to Intelsat’s Ex-parte Submission to the FCC Regarding the C-Band Spectrum Clearing Process

SES Responds to Intelsat’s Ex-parte Submission to the FCC Regarding the C-Band Spectrum Clearing Processfpokuta 20 Feb 2020

Redefining TV Viewing in the Age of Online Video

Redefining TV Viewing in the Age of Online Videobboon 20 Feb 2020

O3b mPOWER: Government

O3b mPOWER: Governmentcortiz 18 Feb 2020
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SES Frequently Asked Questions

  • When was SES founded?

    SES was founded in 1985.

  • Who are SES key executives?

    SES's key executives are Steve Collar, Frank Esser and Christophe De Hauwer.

  • How many employees does SES have?

    SES has 2,096 employees.

  • What is SES revenue?

    Latest SES annual revenue is €2 b.

  • What is SES revenue per employee?

    Latest SES revenue per employee is €959.1 k.

  • Who are SES competitors?

    Competitors of SES include EchoStar, Intelsat and Viasat.

  • Where is SES headquarters?

    SES headquarters is located at Château de Betzdorf, Betzdorf.

  • Where are SES offices?

    SES has offices in Betzdorf, City of Manassas, Miramar, Princeton and in 25 other locations.

  • How many offices does SES have?

    SES has 30 offices.