'Satellite Operator of the Year: Growth and Profits 2007' Awarded to SES for the Second Consecutive Year.PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. -- SES (Paris:SESG) (LuxX:SESG) has been awarded "Satellite Operator of the Year: Growth and Profits 2007" for the second consecutive year by Euroconsult, a leading Paris-based consultancy and research organisation specialising in broadcasting and space communication. The award is based on a performance analysis of a peer group and recognises SES' industry-leading track record in revenue and profit growth in 2006 and in the period 2004-2006. Specifically, the jury based its findings on the increase in revenue, the development of EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become and EBIT EBIT See: Earnings Before Interest and Taxes EBIT See earnings before interest and taxes (EBIT). , as well as on the evolution of the net profit margin. SES' revenue in 2006 increased by 28.4% to EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1,615.2 million. EBITDA grew 22.6% to EUR 1,080.1 million, while EBIT rose 27.2% to EUR 605.3 million, and the net income of EUR 435.8 million represented a net income margin of 27%. Romain Bausch, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SES, said: "This award reflects the success of our profitable growth strategy, which is further underscored by our strong results of the first half 2007. Our investment strategy focusing on the development of our core business and on complementary services businesses is producing great results and allows us to enhance our distribution policy." |
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