SATS Q2 net profit rises 13.3% to $78.9m
Its EBITDA margin expanded to 19.6%.
SATS Ltd reported a Q2 FY26 net profit attributable to shareholders of $78.9m, up 13.3% from $69.6m in Q2 FY25.
The company declared an interim dividend of 2 cents per share. EBITDA rose 15.7% to $307.4m, with margin expansion to 19.6% from 18.3%.
Operating profit rose 23.7% to $157.4m, with margin improving to 10.0% from 8.8% a year earlier. Earnings from associates and joint ventures fell 7.5% to $27.5m due to ramp‑up costs from new customer onboarding, according to a press release.
Revenue increased 8.4% year on year (YoY) to $1.57b, driven by Gateway Services growth of 10.7% to $1.22b. Food Solutions revenue rose 1.0% to $356.5m. Expenditure excluding depreciation and amortisation increased 6.7% to $1.26b.
For H1 FY26, net profit rose 11.2% to $149.8m on revenue of $3.08b. Total equity increased $134.0m to $2.90b as at 30 September 2025, whilst liabilities fell $128.5m to $5.99b following repayment of $100m in medium‑term notes. Operating cash flow after lease repayment rose to $123.0m, compared with $42.9m a year earlier.