BRUSSELS Feb 22 Satellite operator SES
reported fourth-quarter earnings in line
with market expectations and forecast higher growth this year.
SES, which sells transmission capacity to the likes of
BSkyB, Canal+, Echostar and India's Dish TV, said on Friday its
revenue rose 3.7 percent to 468.4 million euros ($619.3
million), compared with the 469 million euro average forecast in
a Reuters poll of 10 brokers.
Core profit (EBITDA) increased 3.5 percent from a year
earlier to 334.6 million euros, against the 337 million euro
average forecast in the Reuters poll.
This year, SES said revenue and core profit would increase
by between 4 and 5 percent based on constant exchange rates.
In 2012, revenue grew on that basis by 1.5 percent and core
profit by 1.6 percent.
Growth slowed last year due to the delayed launch of a
satellite and the switch-off of analogue television in Germany.
($1 = 0.7563 euros)
(Reporting By Philip Blenkinsop)