Hispasat said that it net profit has increased by 5.5% compared to 2012 to €54.3 million.
During the past year, the group launched the fleet’s tenth satellite, the Amazonas 3, and gained the right to a new orbital position, 36 degrees West.
The Hispasat Group achieved revenues of €201.4 million in 2013, 0.57% more than in the previous tax year.
Currently, 55.6% (2.4% more than in 2012) of the total revenue for space capability rental comes from the Americas, and above all from Latin America. The remaining 44.4% of revenue comes from the European market and North Africa.
2013 also saw the launch of the Amazonas 3 and Hispasat gaining rights to a new orbital position, 36 degrees West. Also, the restructuring of the shareholder base was concluded, whereby Abertis group increased its participation to 57.05%, thus making it the majority shareholder.
The company invested 157.4 million euros, mainly in innovation, both for the development of the fleet’s future satellites (Amazonas 4A, launched in March 2014; Hispasat AG1 and Amazonas 4B) and for other research, development and innovation projects related to new solutions and services for its clients.
