Romain Bausch, pictured, was re-elected as SES chairman Olivier Minaire/archives

Romain Bausch, pictured, was re-elected as SES chairman Olivier Minaire/archives

According to a press release published on Business Wire, board members accepted the proposed dividend of €0.80 per A-share to be paid on 25 April 2018.

The board of directors also re-elected Romain Bausch as chairman, and François Tesch and Jean-Paul Zens as vice-chairmen.

The key figures of the annual report were presented in chairman, Romain Bausch’s letter to shareholders:

“2017 we generated €2,035.0 million of revenue, down 1.6% (-5.2% like-for-like). Our Ebitda also shifted slightly, now coming in at a margin of 65.1% (70.2% as reported and 66.7% like-for-like) and an operating profit of 610.6 (FY 2016 820.3). Profit of the group after tax was €597.9 million.

Our business activity in 2017 has resulted in a contract backlog (future revenue already contracted under irrevocable agreements) of €7.5 billion. This means that a majority of our future 2018 revenue has already been contracted.”

View the full report here.