SATS - UOB Kay Hian 2024-11-11: 1HFY25 Core Earnings Beat; Stay Invested For Long-term Growth Potential

• SATS saw broad-based business volume growth across key business segments/geographies. We applaud management’s ambitious but plausible FY29 growth targets, though there remain uncertainties related to the US tariff hikes in FY26.

1HFY25 core performance beat expectations.

• - Read this at SGinvestors.io -
• two quarters of positive impact from the contract renewal with Singapore Airlines (SIA) that was booked within 2QFY25.
• - Read this at SGinvestors.io -

Broad-based business volume improvement.

• SATS achieved broad-based business volume growth across key business segments in 1HFY25.
  • Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Read also UOB's most recent report:
2025-02-24 SATS - 3QFY25 Results A Slight Miss; Expect Some Uncertainties For Cargo In FY26.

Previous report by UOB:
2025-02-04 SATS - The US De Minimis Tax Change A Negative Event But Impacts Likely Priced In.

Price targets by 3 other brokers at SATS Target Prices.

Listing of research reports at SATS Analyst Reports.

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SATS Dividend Payout Dates & Corporate Actions,
SATS News