Inmarsat plc Reports Interim Results 2012
5 pages
English

Inmarsat plc Reports Interim Results 2012

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5 pages
English
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Inmarsat plc Reports Interim Results 2012 PR Newswire LONDON, August 3, 2012 LONDON, August 3, 2012 /PRNewswire/ -- Inmarsat plc (LSE: ISAT.L), the leading provider of global mobile satellite communications services, today provided the following information for the six months ended 30 June 2012. Inmarsat plc - Highlights Total revenue $684m (2011: $683m) Inmarsat Global MSS revenue $367m up 1.4% (2011: 362m) EBITDA $381m (2011: $427m) EBITDA excluding LightSquared $332m (2011: $336m) Profit before tax $223m (2011: $255m) Interim dividend of 16.94 cents (US$), up 10% Strong growth in Maritime revenue, up 13% Over 30,000 FleetBroadband terminals installed Over 65,000 active IsatPhone Pro terminals Inmarsat Group Limited - Second Quarter Highlights Total revenue $329m (2011: $359m) Inmarsat Global MSS revenue $189m up 4.2% (2011: $181m) Inmarsat Solutions revenue $205m (2011: $189m) Total EBITDA $176m (2011: $223m) MSS active terminals up 13% Rupert Pearce, Inmarsat's Chief Executive Officer, said, "The results for the first half and second quarter show that we have returned our core MSS business to growth, fuelled by continuing strong subscriber take up and the benefits of pricing initiatives. In light of on-going momentum in subscriber additions, we are making further progress towards meeting our expectations for the full year.

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