Reported video revenues of €1,026.8 million contributed to a total of €1,490.1 million, in line with the prior period. Profit for the first nine months of the year was €824 million.
Karim Michel Sabbagh, President and CEO said: “These results demonstrate that SES’s differentiated strategy is enabling the return to sustainable long-term growth, with third quarter revenue higher than both the previous two quarters (same scope). The positive growth dynamics in global video are accelerating and MX1 is already gaining market traction, as demonstrated by the recent contract for global distribution of the English Premier League.”
MX1, formed out of the merger of RR Sat and the existing SES Platform Services, already distributes over 2,500 TV channels and supports more than 120 video on demand (VoD) platforms around the globe.