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    SESGL   LU0088087324

SES S.A.

(SESGL)
  Report
Real-time Estimate Cboe Europe  -  11:35 2022-12-09 am EST
6.572 EUR   +1.05%
12/08SES Unit Changes Name to SES Space & Defense
MT
12/08SES Government Solutions Changes Name to SES Space & Defense, Reflecting New Strategy and Capabilities
BU
12/01Telecoms Group SES' US Broadcast Services Satellite Becomes Operational
MT
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SES Appoints John-Paul Hemingway as Chief Strategy and Product Officer

01/18/2022 | 02:51am EST

Hemingway charged with driving SES’s growth strategy

SES is adding a new Chief Strategy and Product Officer (CSPO) to its Senior Leadership Team, underscoring SES’s commitment to ideate, build and deliver the services and solutions that create the most value for SES customers and partners, as well as their end-users.

John-Paul (JP) Hemingway is charged with translating SES's corporate vision into strategic action for the company's networks and video markets – including its target applications, strategic partnerships, portfolio of solutions, and the space and network assets required to deliver them. The newly-created function brings together the Corporate Strategy, Product, Commercial Operations, Fleet Development, Innovation and Marketing & Communications teams, and is part of SES’s drive to be the most customer-centric, product-led organisation in the industry.

With Hemingway’s appointment as CSPO, SES is eliminating the role of SES Networks CEO while retaining the strong focus on its video and networks businesses and leveraging its innovative products and solutions. The resulting organisation is flatter, leaner and more customer oriented, with sales reporting directly to the CEO of SES.

“The pace of innovation and change is unprecedented in our space and having been a leader in the industry for over 35 years, we are putting in place the vision and focus to ensure that we will lead for the next 35,” said Steve Collar, CEO of SES. “2022 is a pivotal year for SES as we launch the infrastructure that will grow and develop our business for the next decade. JP at the helm of our growth strategy and as a partner to our sales teams will be an integral part of our success.”

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About SES

SES has a bold vision to deliver amazing experiences everywhere on earth by distributing the highest quality video content and providing seamless connectivity around the world. As the leader in global content connectivity solutions, SES operates the world’s only multi-orbit constellation of satellites with the unique combination of global coverage and high performance, including the commercially-proven, low-latency Medium Earth Orbit O3b system. By leveraging a vast and intelligent, cloud-enabled network, SES is able to deliver high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to the world’s leading telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners. SES’s video network carries over 8,500 channels and has an unparalleled reach of 361 million households, delivering managed media services for both linear and non-linear content. The company is listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: www.ses.com.


ę Business Wire 2022
All news about SES S.A.
12/08SES Unit Changes Name to SES Space & Defense
MT
12/08SES Government Solutions Changes Name to SES Space & Defense, Reflecting New Strategy a..
BU
12/01Telecoms Group SES' US Broadcast Services Satellite Becomes Operational
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11/10General Atomics Aeronautical Systems, Inc. SES S.A. and Hughes Team Up to Demonstrate N..
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11/08SES Government Solutions Completes Leadership Team with Key Strategic Appointment
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More news
Analyst Recommendations on SES S.A.
More recommendations
Financials
Sales 2022 1 926 M 2 030 M 2 030 M
Net income 2022 286 M 301 M 301 M
Net Debt 2022 3 374 M 3 556 M 3 556 M
P/E ratio 2022 16,7x
Yield 2022 7,87%
Capitalization 2 733 M 2 880 M 2 880 M
EV / Sales 2022 3,17x
EV / Sales 2023 2,76x
Nbr of Employees 2 037
Free-Float 72,5%
Chart SES S.A.
Duration : Period :
SES S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Last Close Price 6,51 €
Average target price 8,55 €
Spread / Average Target 31,3%
EPS Revisions
Managers and Directors
Stephen Collar Chief Executive Officer
Sandeep Jalan Chief Financial Officer
Frank Esser Chairman
Ruy Jose Carvalho Pinto Chief Information Officer
Ramanarayan V. Potarazu Independent Non-Executive Director
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