SES jumps after quarterly results beat expectations

SES SA

05/11/2026 08:22

** European satellite operator SES SESFd.PA 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

(Reporting by Lucie Barbier in Gdansk)
((lucie.barbier@thomsonreuters.com))