HD growth fuels Astra profitability

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  • khurramdar
    Top Poster
    • Nov 2008
    • 121

    #1

    HD growth fuels Astra profitability

    HD growth fuels Astra profitability


    By Julian Clover
    October 27,

    In its 25th year of business, satellite operator SES has demonstrated there remains room for growth, turning in a nine-month revenues of ?1,277 million and an operating profit up 7.9% at ?591.6m. Group profits were down slightly at ?332.7m from ?363.3m in 2009.

    ?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. SES-7 (formerly ProtoStar-2) has been fully integrated into our fleet, and we have begun selling the Ku-band capacity into the Asian market,? said SES President and CEO Romain Bausch.

    HD remains a significant growth driver, with 291 channels being broadcast across the SES fleet. 163 of these can be found within SES Astra, which is finally seeing a reduction in the number of analogue transponders looking at the German market, 38 at the end of 2009 having been reduced to 35 today. The most recent convert to digital-only broadcasts being Das Vierte. Astra expects to be carrying at least 200 channels by the end of 2011.

    Last week SES announcing it was to sell its 75.1% interest in ND SatCom to

    Astrium Services. SES will maintain a minority share in the equipment provider of 24.9%.
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