[SatNews] SES S.A. has reported financial results for the twelve months to 31 December 2010.

• Revenue of EUR 1,735.7 million (+7.1 percent)— Recurring[1] revenue grew 5.1 percent to EUR 1,718 million
• EBITDA of EUR 1,296.4 million (+8.6 percent) — Recurring EBITDA grew 5.0 percent to EUR 1,307 million — Recurring EBITDA margin of 76.1 percent
• Operating Profit of EUR 797.4 million (+10.8 percent)
• Profit of the group of EUR 487.3 million (+2.3 percent)
• EPS per A-share EUR 1.24 (+1.6 percent)
• Dividend of EUR 0.80 per A-share proposed

Romain Bausch, President and CEO, commented, "SES delivered strong operational and financial results in 2010, overcoming the early challenges of a reduction of capacity on AMC-16, as well as satellite launch delays. Revenue and EBITDA growth was strong on both a reported and a recurring basis. Four satellites were launched or brought into service during the year, resulting in a net increase of 76 transponders to the fleet. We participated in the final equity financing for O3b Networks, which is developing an exciting Ka-band service for emerging markets. Our focus is now on the successful launch and subsequent commercialisation of the six satellite missions scheduled this year, and to continue to identify and execute on profitable growth opportunities. To enhance the execution of its growth strategy and to capture the potential in the emerging markets, the company has decided to adapt its organisation. By consolidating the operations of SES ASTRA and SES WORLD SKIES, as well as of Engineering, under a single management structure, we expect to achieve even stronger market and customer focus for the planned new growth capacity of the fleet. We are excited about the future opportunity to serve our customers with a single face to the market for our global fleet." To download the entire financial report, access this direct link.