Financing ·
SES reported H1 2026 revenue of €1,602 million and Adjusted EBITDA of €725 million
SGBAFSes S.A.
SES reported H1 2026 revenue of €1,602 million and Adjusted EBITDA of €725 million. The company reiterated its full-year outlook for stable revenue and Adjusted EBITDA on a like-for-like basis, with capital expenditures around €700 million. Shareholders approved the cancellation of treasury shares, reducing total shares by approximately 6% to 417 million. SES also issued €650 million in perpetual hybrid securities and repaid €1,186 million in debt maturities. The filing notes progress on the IRIS² program and the FCC's Upper C-band Report & Order, which establishes a framework for $5.6 billion in incentive payments upon spectrum clearance by 2030/2031. SES operates in the global satellite communications industry, providing connectivity solutions via multi-orbit satellites.