Adel Al-Saleh

“At the same time, we continue to realize cost synergies across the business with a 9% reduction in total OpEx and 16% in Staff costs”

“In Aviation, we signed several important agreements and continued to build strong commercial momentum with 200 new aircraft wins in H1 26 and now over 600 tails flying with our multi-orbit Electronic…”

“Satellite remains the most efficient and reliable platform for large‑scale content distribution, as demonstrated by the over €400 million of contract renewals secured during H1.”

“The next three O3b mPOWER satellites, 11, 12 and 13 are expected to launch in Q3 2026.”

“Capital expenditures (net cash absorbed by investing activities excluding acquisitions and financial investments; including IRIS2 and first phase of meoSphere capital expenditures) are expected to be…”

“Networks revenue of €1,018 million (64% of total revenue) increased +89.0% yoy”

“Media revenue of €571 million (36% of total revenue) was up +46.5% yoy”

“Adjusted EBITDA of €725 million represented an Adjusted EBITDA margin of 45.2%”

“Adjusted Net Loss of €89 million (H1 2025: Profit of €77 million)”

“At June 30, 2026, the Adjusted Net Debt to Adjusted EBITDA ratio (treating 50% of €1.650 billion of hybrid bonds as debt and 50% as equity) was 4.4 times (31 December 2025: 3.9 times).”

“Cash & cash equivalents of €703 million (excluding €215 million of restricted cash with respect to the SES‑led consortium’s involvement in IRIS2).”

“In H1 2026, SES repaid debt maturities of approximately €1,186 million, including its €650 million senior bond and its outstanding €525 million Deeply Subordinated Fixed Rate Resettable Securities.”

“In Q2 2026, the company has collected approximately $15 million (€13 million) through settlements, with additional payments expected as negotiations progress. To date the company has collected a tota…”

“The final FY 2025 dividend of €104 million equal to €0.25 per A-share and €0.10 per B-share was paid to shareholders on 16 April 2026.”

“On June 17, 2026, shareholders at the EGM approved all company‑recommended resolutions, including the cancelation of treasury shares resulting in a c.6% reduction of the total shares (economic) to 41…”

“SES restates its commitment to disciplined financial allocation, investment grade metrics and net leverage target of 3.0 times or below.”