SATS

Broker's Calls

Analysts maintain ‘buy’ calls on SATS after FY2024 results

Analysts maintain ‘buy’ calls on SATS after FY2024 results

M&A

SATS completes Swedish acquisitions

The airline caterer expands its European footprint with the sale and purchase of two entities operating out of Stockholm Arlanda.

Results

SATS reverses into earnings of $56.4 mil for FY2024, plans final dividend of 1.5 cents

FY2024 revenue increased three-fold to a record $5.1 billion on the back of improved cargo performance and travel recovery.
Sats' steady drive for 3'R's a reason to keep at 'add': CGS International - THE EDGE SINGAPORE

Broker's Calls

Sats' steady drive for 3'R's a reason to keep at 'add': CGS International

Investors will be more confident when Sats resumes paying dividends

Aviation & Engineering

Sats wins contract from Air Canada as the carrier resumes flights to Changi Airport

The airline will launch four Boeing 787-9 flights a week connecting Vancouver and Singapore from April 4 onwards.

Aviation & Engineering

Slow first quarter for Singapore air transport sector: PhillipCapital

PhillipCapital keeps “underweight” rating on Singapore’s air transport sector amid slower quarter.
DBS keeps 'buy' call on Sats on expectations of earnings growth momentum and synergies from WFS acquisitions - THE EDGE SINGAPORE

Broker's Calls

DBS keeps 'buy' call on Sats on expectations of earnings growth momentum and synergies from WFS acquisitions

The recent acquisition of WFS to start yielding operational and financial synergies over the next few years
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