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SES Cuts 2026 Non-C-Band Capex Forecast to About EUR 600 Million From EUR 700 Million

By Public Technologies
  • SES reiterated its 2026 outlook for stable revenue and adjusted EBITDA on a like-for-like, constant-currency basis.
  • Non-C-band capital expenditure guidance fell to about €600 million from about €700 million.
  • C-band expenditure expectations remained unchanged at €100 million to €150 million, to be reimbursed over time.
  • Third-quarter revenue rose 4.2% year over year on a like-for-like basis; adjusted EBITDA increased 18.6%.
  • A €10 billion backlog supported visibility into the fourth quarter.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SES SA published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.

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