Satellite firm SES tops Q3 earnings estimates

Nov 5 (Reuters) - European satellite operator SES beat third-quarter earnings and revenue expectations on Thursday, helped by strong demand from defence customers and growth at its mobility business.

• Third-quarter adjusted core profit (EBITDA) came in at €413 million ($465 million) on revenue of €870 million

• Analysts polled by the company had expected adjusted EBITDA of €367 million and revenue in the quarter reaching on average €832 million

• SES, which supplies satellite internet services to governments, airlines and defence customers such as NATO, confirmed its annual financial forecast, with stable growth both for revenue and core profit

• The Luxembourg-based group will host a capital markets day event on March 11, 2027 unveiling mid-term targets as well as long-term financial ambitions($1 = 0.8880 euros)

(Reporting by Gianluca Lo Nostro; Editing by Matt Scuffham)