SATS ( (SPASF) ) has released its Q3 earnings. Here is a breakdown of the information SATS presented to its investors.
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SATS Ltd., headquartered in Singapore, is a leading provider of air cargo handling services and airline catering in Asia, with a significant presence across the globe. The company operates in the aviation services sector, offering a wide range of services including airfreight, ground handling, and food solutions.
In its latest earnings report for the third quarter of fiscal year 2025, SATS Ltd. announced a net profit of S$70.4 million, marking a significant improvement from the previous year. The company reported a 12.5% increase in revenue, reaching S$1.52 billion, driven by growth in business volumes and rate increases.
Key financial metrics highlighted in the report include an expansion of the EBITDA margin from 15.7% to 17.3%, with EBITDA reaching S$263.9 million. The company also achieved a notable improvement in free cash flow, which rose to S$118.1 million. Revenue from Gateway Services and Food Solutions saw substantial growth, reflecting favorable market conditions and increased demand for inflight meals.
Looking forward, SATS Ltd. is optimistic about its ability to navigate geopolitical uncertainties and capitalize on the anticipated growth in global passenger traffic. The company plans to leverage its extensive network and expertise to support its customers in adapting to changes in air cargo logistics demand, while continuing to focus on operational excellence and strategic growth initiatives.