[Satellite TODAY 02-12-10] SES increased 2009 net profits by more than 20 percent 5over 2008, according to financial results issued Feb. 12. SES posted net profits in 2009 of 476.5 million euros ($654.3 million) in 2009, compared to profits of 387.5 million euros ($532.1 million) the prior year.
    Revenues for 2009 were 1.7 billion euros ($2.3 billion), an increase of 4.4 percent compared to 2008. “SES also built significantly on its profitable base, through acquisition and investments, to further develop the foundation for future growth.
    During the year, SES contracted five additional satellites, so that there are currently 12 satellites under construction. Our intensive satellite investment program is projected to deliver over 400 million euros ($549.2 million) of new annual revenues in the 2015 time horizon,” SES CEO Romain Bausch said in a statement.

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