SES posts profit boost

Global satellite operator SES posted a 19% increase in net profit for the third quarter of the year. This takes its to €141.3 million (US$). The company also reported third quarter revenues grew by 11.4% to €442.3 million.

President and chief executive Romain Bausch said that he expected revenue to grow between 4 and 5% in 2010. “SES continues to make steady progress, building on the newly launched incremental capacity on the NSS-12 and Astra 3B satellites, covering the Indian Ocean region and Middle East respectively,” he added.

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