SES SA FDR (Class A) · EURONEXT:SESG

SES SA FDR (Class A) — SES — Investor Day (2007)

12 slides from SES SA FDR (Class A)'s investor day presentation, 2007

  1. Slide 1: Investor Day 2007 - Strategy

    Investor Day 2007 Romain Bausch Strategy 1 1

  2. Slide 2: Strategy

    Strategy S SES’s primary strategic focus remains on the development of its core infrastructure business ¾ growing market segments (video, government and enterprise) ¾ strong go-to-market focus via SES ASTRA, SES AMERICOM and SES NEW SKIES ¾ maintaining industry-leading margins (EBITDA, EBIT, Net Pro

  3. Slide 3: SES Group structure

    SES Group structure The transfer of the interest in Star One (approximately 20% of the total equity of that company) to GE will take effect once the approval of the Brazilian regulator, Anatel, is obtained. 3

  4. Slide 4: The SES Satellite Fleet

    The SES Satellite Fleet ƒ 36 satellites : 34 operated by wholly-owned operating companies and 2 via participations ƒ Occupying 25 orbital positions 4

  5. Slide 5: Three Strategic Components

    Three Strategic Components The overarching objective of SES management remains the generation of superior total returns, while maintaining a debt/EBITDA level compatible with investment grade rating S Investment in Growth ¾ Organic development ¾ Acquisition opportunities ¾ Investments must exceed mi

  6. Slide 6: Investment in organic growth

    Investment in organic growth ASTRA Satellites Launch Date Incremental txp's ASTRA 1L May 2007 UK / IRL 10 - 16, Africa 8 Sirius-4 Q3 2007 Europe 7, Africa 6 ASTRA 1M Q2 2008 ASTRA 3B Q4 2009 Europe 20, Middle East 12 AMERICOM Satellites Launch Date AMC-18 8-Dec-06 24 AMC-14 Q4 2007 32 AMC-21 Q2 2008

  7. Slide 7: Investment in organic growth (cont.)

    Investment in organic growth (cont.) S Mobile broadcasting a key growth opportunity for MSS S A Mobile Satellite network with a suitable terrestrial extension can provide a competitive proposition to alternative infrastructures in terms of coverage, spectrum and cost to the end users S 50/50 joint-v

  8. Slide 8: Improving productivity

    Improving productivity S Opex level: ¾ Synergies from integration of SES NEW SKIES: on track to reach per annum target of USD 30 million in 2008 „ NEW SKIES satellite operations transferred to SES ASTRA „ NEW SKIES payload operations transferred to SES AMERICOM S Capex level: ¾ Objective: reduction

  9. Slide 9: Dual launch procurement policy

    Dual launch procurement policy S The launch market today: ¾ The launch industry can currently offer no more than 20-25 launch slots per year ¾ Launch failures can introduce very long delays to programmes without alternative launch options ¾ Launch prices have been increasing recently S The SES launc

  10. Slide 10: Return of cash to shareholders

    Return of cash to shareholders S SES has delivered nearly EUR 2 billion in cash to shareholders in the past 24 months ¾ via the buyback and cancellation of almost one-third of its shares S SES has grown its dividend by 46% since 2004 ¾ to EUR 0.44 from EUR 0.30 S Since 2004, EPS has increased by 41%

  11. Slide 11: Conclusion

    Conclusion S SES has a credible strategy for delivering value S Growth is being secured through our investment strategy S Capex and opex are being closely managed and cash flows maximised S There remains plenty of upside 11

  12. Slide 12: Your Satellite Connection to the World

    Your Satellite Connection to the World

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