SES jumps after quarterly results beat expectations

By Reuters News

** European satellite operator SES rises 13% after reporting quarterly revenues and earnings ahead of analyst expectations

** Its adjusted EBITDA comes in at €413 million on revenue of €870 million, above the consensus of €367 million and €832 million respectively

** JPMorgan notes that Q3 results were boosted by a favourable aviation contract restructuring worth €54 million

** The broker adds that SES' Media segment revenues also beat forecasts despite weakness at rival Eutelsat ETL.PA

** Up to the previous session's close, shares were down 23.7%​ YTD

** Shares head for their best day since April 2025 if gains hold

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.