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SES SA (SGBAF) Q3 2023 Earnings Call Transcript

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SES SA (OTCPK:SGBAF) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET

Company Participants

Richard Whiteing – VP & Head, IR

Ruy Pinto – CEO

Sandeep Jalan – CFO

Conference Call Participants

Aleksander Peterc – Societe Generale

Roshan Ranjit – Deutsche Bank

Carl Murdock-Smith – Berenberg

Operator

Hello, and welcome to the year-to-date 2023 Results SES S.A announces financial results for the 9 and 3 months ended 30th September 2023. My name is Laura, and I will be a coordinator for today’s event. Please note, this call is being recorded. [Operator Instructions].

I will now hand you over to your host, Richard Whiteing, Head of Investor Relations, to begin today’s conference. Thank you.

Richard Whiteing

Thanks, Laura, and good morning, everyone. Thanks for joining this analyst and investor call for our year-to-date 2023 results. We appreciate you accommodating the change of date given the material agreement adjustment. This morning’s presentation was uploaded along with the press release to the Investors section at ses.com, if you don’t already have it. And as always, please note the disclaimer at the back of the document. In a moment, Ruy Pinto, CEO, will present the main business highlights, followed by Sandeep Jalan, CFO, to cover the financials in more detail. After some closing remarks from Ruy, we will take your questions.

And on that note, let me hand over to Ruy.

Ruy Pinto

Thanks, Richard. Good morning, everyone. Again, our apologies for changing the date, but we wanted to give you an mPOWER update that is material to our company. And that justifies just advancing it by a couple of days. So please starting on Page 3. Let me go through the highlights of our announcement. I’m really pleased that our year-to-date financial performance has been good, solid and good. Our Networks business has delivered growth on the back of positive outturns across each

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