SES is trading at €4.79, up +12.82%, after Q3 revenue and adjusted EBITDA beat expectations.

  • Q3 revenue was €870 million, versus expectations of €832 million.
  • Adjusted EBITDA was €413 million, above expectations of €367 million.
  • Reuters attributed the results to strong defense demand and mobility growth; SES reaffirmed its full-year outlook.