SES S.A. (SGBAF): Financial results for H1 2026
SES S.A. (SGBAF) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 Press Release SES Reports H1 2026 Results & Reiterates Full-Year Outlook Luxembourg, July 30, 2026 - SES S.A. announces financial results for the three and six months ended June 30, 2026. H1 2026 Performance (€ million) H1 2026 as reported (1) H1 2025 as reported (1)
How this was made
The 30-second read
Why it matters
The earnings beat expectations, showing strong revenue growth and a healthy backlog, which may attract new investors.
Market read
First‑time earnings disclosure for a major satellite operator, indicating sector momentum.
What to watch
Potential cost overruns on upcoming satellite launches and regulatory delays in C‑band repurposing.
Background
SES S.A., a Luxembourg‑based satellite operator, filed a Form 6‑K with the SEC presenting its H1 2026 earnings.
Ticker impact
SES reported H1 2026 revenue of €1.6 billion (+72% YoY) and adjusted EBITDA of €725 million (+47% YoY).
Potential modest price appreciation on the back of robust H1 results.
First‑time disclosure of earnings with significant growth; investors may reprice expectations.
Market effects
Highlights strength in satellite communications and mobility services, supporting sector bullishness.
Positive for European aerospace and satellite firms, may lift related stocks.
Reinforces demand for satellite capacity worldwide, modestly relevant to global telecom infrastructure.
Counterpoint
If H2 guidance remains flat, the market may view growth as unsustainable and price could stall.
Key entities
- companySES S.A.
Satellite communications provider reporting H1 2026 results.
- executiveAdel Al‑Saleh
CEO of SES who commented on the results.

