These consolidated results for Inmarsat plc include the financial results of CIP UK Holdings Limited and its subsidiaries, including Stratos Global Corporation (“CIP”) for the year ended December 31, 2008. Please note that where we refer to “Inmarsat Core” we include only the results of Inmarsat plc and subsidiaries and exclude CIP.
Inmarsat plc — Full Year 2008 Highlights
- Total revenue $996.7 million (2007: $576.5 million)
- Inmarsat Core revenue up 13.9 percent to $634.7 million (2007: $557.2 million)
- EBITDA $531.2 million (2007: $388.1 million)
- Inmarsat Core EBITDA up 12.5 percent to $431.6 million (2007: $383.5 million)
- Profit before tax $193.8 million (2007: $124.7 million)
- Launch of third Inmarsat-4 satellite completes global broadband coverage
- Final dividend increased by 5.0 percent to 18.20 cents (US$) per share
- Q4 revenue up 20.4 percent to $160.6 million (2007: $133.4 million)
- Q4 EBITDA up 18.7 percent to $101.4 million (2007: $85.4 million)
- Q4 BGAN revenue up 78 percent to $20.1 million
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