- SATS's 1HFY25 revenue climbed 14.8% y-o-y to S$2.8bn which was in line with our estimates at 51% of our FY25e forecast. Revenue growth was driven by, air cargo volume increasing by 17.5% y-o-y, meals served rising 26.1% y-o-y in 1H25 and a series of contract repricings, including with key margin customer SIA (SGX:C6L).
- - Read this at SGinvestors.io -
- SATS declared interim dividend of 1.5 cents per share which implies payout ratio of 16.7%.
- - Read this at SGinvestors.io -
The Positives
Continues airline recovery tailwind.
- Read more at SGinvestors.io.
Above is the excerpt from report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full report in PDF @ https://www.stocksbnb.com/.
Liu Miao Miao Phillip Securities Research | http://www.poems.com.sg/ 2024-11-11
Previous report by Phillip:
2024-09-05 SATS - Across The Board Tailwind.
Price targets by 3 other brokers at SATS Target Prices.
Listing of research reports at SATS Analyst Reports.
Relevant links:
SATS Share Price History,
SATS Announcements,
SATS Dividends & Corporate Actions,
SATS News Articles
