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Inmarsat PLC (ISA.L)

ISA.L on London Stock Exchange

425.10GBp
19 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Inmarsat Sees Double Digit Revenue, EBITDA Growth, Improved Margins For FY
Thursday, 8 Nov 2018 02:00am EST 

Nov 8 (Reuters) - Inmarsat PLC ::Q3 EBITDA 173.6 MILLION USD.Q3 REVENUE 336.4 MILLION USD.3RD QUARTER RESULTS.IMPROVED MARGIN OUTLOOK FOR FY 2018.MEDIUM TERM GUIDANCE FOR GROUP UNCHANGED.REMAINS CONFIDENT ABOUT FUTURE PROSPECTS FOR GROUP.TARGET OF MID-SINGLE DIGIT PERCENTAGE REVENUE GROWTH ON AVERAGE OVER NEXT FIVE YEARS.CAPEX OF $500M TO $600M PER ANNUM FOR 2018 TO 2020.CAPEX IS EXPECTED TO MEANINGFULLY MODERATE AFTER 2020 REFLECTING COMPLETION OF I-6 SATELLITE PROGRAMME AND IMPACT OF NEW TECHNOLOGIES.OPERATING PROFIT FOR QUARTER ENDED 30 SEPTEMBER 2018 DECREASED BY $2.0M TO $84.9M.UPDATED 2018 GUIDANCE REVENUE AND EBITDA FOR FY 2018 (EX LIGADO) EXPECTED TO BE AT LEAST IN LINE WITH CURRENT MARKET CONSENSUS.DOUBLE DIGIT REVENUE AND EBITDA GROWTH, WITH AN IMPROVED MARGIN OUTLOOK FOR FY 2018.QTRLY GROUP REVENUE (EX LIGADO) INCREASED BY $12.6M, OR 3.9%, TO $336.4M.QTRLY TOTAL REVENUE $369.3 MILLION VERSUS $356.2 MILLION.  Full Article

Inmarsat, Panasonic Avionics Enter Into Collaboration For Commercial Aviation
Thursday, 20 Sep 2018 02:05am EDT 

Sept 20 (Reuters) - Inmarsat PLC ::INMARSAT PLC - INMARSAT AND PANASONIC AVIONICS ENTER INTO LANDMARK STRATEGIC COLLABORATION FOR COMMERCIAL AVIATION.INMARSAT PLC - UNDER TERMS OF AGREEMENT, INMARSAT WILL BECOME PANASONIC'S EXCLUSIVE PROVIDER OF KA-BAND IFC FOR COMMERCIAL AVIATION.  Full Article

Inmarsat Q3 revenue up 5 pct, narrows full-year guidance
Thursday, 9 Nov 2017 02:00am EST 

Nov 9 (Reuters) - Inmarsat :Q3 group revenue $358.3 million, up 4.8 percent.2017 revenue guidance, excluding ligado, narrowed to $1,225m to $1,275m, from $1,200 m to $1,300 m.Q3 ebitda $191.3 million, down 6.5 percent.  Full Article

Inmarsat says AirAsia to offer co's GX aviation broadband​
Wednesday, 27 Sep 2017 02:00am EDT 

Sept 27 (Reuters) - INMARSAT PLC ::‍AIRASIA TO OFFER INMARSAT'S GX AVIATION BROADBAND​.‍AIRASIA GROUP HAS SELECTED ITS NEXT-GENERATION GX AVIATION INFLIGHT BROADBAND SOLUTION FOR MORE THAN 120 AIRBUS AIRCRAFT​.‍FIRST INSTALLATIONS OF GX AVIATION ONBOARD AIRASIA AIRCRAFT, TOGETHER WITH LAUNCH OF COMMERCIAL SERVICE, SCHEDULED TO COMMENCE IN H1 2018​.  Full Article

Inmarsat and Rolls-Royce sign ship energy management agreement
Thursday, 21 Sep 2017 04:06am EDT 

Sept 21 (Reuters) - INMARSAT PLC ::INMARSAT AND ROLLS-ROYCE SIGN SHIP ENERGY MANAGEMENT AGREEMENT.SIGNED LOI TO HAVE OPTION TO MAKE ROLLS-ROYCE ENERGY MANAGEMENT SYSTEM AVAILABLE VIA INMARSAT MARITIME'S FLEET XPRESS HIGH-SPEED BROADBAND SERVICE.  Full Article

Inmarsat says Avianca adopts GX Aviation for wifi services
Thursday, 22 Jun 2017 02:00am EDT 

June 22 (Reuters) - Inmarsat Plc ::Avianca adopts GX Aviation for passenger wifi services.GX Aviation will initially be made available to passengers on approximately 125 Avianca Airbus a320, a330 and Boeing 787 aircraft.Contract is for a period of 10 years.Value of contract has not been disclosed.  Full Article

Inmarsat awards new GX satellite contract to Thales Alenia Space
Friday, 2 Jun 2017 02:00am EDT 

June 2 (Reuters) - Inmarsat Plc :Inmarsat plc - inmarsat additional gx satellite contract.Awards contract for additional gx satellite to thales alenia space.Value of contract to construct satellite will be approximately $130 million over three years 2017 to 2019.Contract award will operate within company's existing capital expenditure guidance for 2017 and 2018.  Full Article

Inmarsat commits over 1,500 vessels to Fleet Xpress
Tuesday, 14 Feb 2017 02:19am EST 

Inmarsat Plc :Satlink satellite communications commits over 1,500 vessels to fleet xpress.  Full Article

Addvalue Technologies and Inmarsat sign MOU
Thursday, 2 Feb 2017 05:39am EST 

Addvalue Technologies Ltd : Addvalue and Inmarsat sign Mou to provide on-demand communications links .Inmarsat and addvalue expect to finalise a full agreement shortly.  Full Article

Inmarsat plans new low-cost service to stem maritime customer losses

LONDON, Nov 8 Inmarsat's chief executive said on Thursday he would stem a stream of defections by its maritime customers to rival satellite providers with the launch of its own low-price service geared towards crew members using social media.