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Inmarsat PLC (ISA.L)

ISA.L on London Stock Exchange

444.80GBp
14 Dec 2017
Change (% chg)

3.90 (+0.88%)
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440.90
Open
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Latest Key Developments (Source: Significant Developments)

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 places $650 mln convertible bond
Thursday, 1 Sep 2016 02:06am EDT 

Inmarsat Plc : Successfully places $650 million convertible bond due 2023 and repurchases of all of outstanding convertible bonds due 2017 for consideration of approximately $390 million . Represents an additional $50 million over announced deal size reflecting considerable demand for new bonds. .Remaining proceeds will further strengthen inmarsat's financial position.  Full Article

Inmarsat offers new convertible bond of up to $600 mln due 2023
Wednesday, 31 Aug 2016 04:07am EDT 

Inmarsat Plc : New convertible bond offering of up to $600 million due 2023 and repurchase of outstanding $287.7 million convertible bonds due 2017 . Announces launch of an offering of c.$550 million convertible bonds due with an increase option of up to $50 million . Net proceeds of issue of new bonds will be used primarily to fund repurchase of outstanding 1.75 pct $287.7 million convertible bonds due 2017 . New bonds expected initial conversion price at a premium of 30-35 pct to volume weighted average price of an ordinary share on lse between launch and market closing on Aug 31 . Credit Suisse and JP Morgan Cazenove are joint bookrunners .Currently intends to launch a further benchmark offering in debt capital markets this year.  Full Article

Inmarsat retruns to growth in Q2 with 6 pct revenue rise
Thursday, 4 Aug 2016 02:00am EDT 

Inmarsat Plc : Interim dividend 0.2059 usdper share . Q2 revenue rose 6.1 percent to 330.4 million usd . Inmarsat returned to growth in q2, more than compensating for a soft q1. . Outlook for our markets and company has become much more difficult to forecast . Re-Iterate our current guidance of: . 2016 revenues (ex ligado networks income) of $1,175m to $1,250m. 2018 revenues (ex ligado networks income) of $1,450m to $1,600m . Net debt to be normally maintained at less than 3.5x ebitda. . Q2 total revenues up $19.0m (+6.1%) at $330.4m (q2 2015: $311.4m) . Profit after tax up $22.6m (+41.7%) at $76.8m (q2 2015: $54.2m) .Q2 underlying ebitda rose 21.9 percent to 202.2 million usd.  Full Article

Djibouti signs preliminary deal with China's POLY-GCL for $4 bln gas project

DJIBOUTI, Nov 16 China's POLY-GCL Petroleum Group Holdings Ltd has signed a memorandum of understanding (MoU) to invest $4 billion in a natural gas project in the tiny Horn of African nation of Djibouti.