2017 AGM presentation to Shareholders
London, April 28, 2017 AEST (ABN Newswire) - SpeedCast International Ltd (ASX:SDA) is pleased to provide the latest Company's 2017 AGM presentation to shareholders.
A transformative FY 2016
Operational
- Transformational acquisition of Harris CapRock (completed 1 Jan 2017)
- 3 additional strategic acquisitions completed in 2016 (Newcom, ST Teleport and WINS)
- Market leadership achieved in the Maritime and Energy markets -well positioned to capture growth opportunities in these two key verticals
- Sustained Growth despite a difficult operating environment
Financial
- Continued double digit growth across key financial metrics with 30% revenue growth
- Core service revenue growth at 34%
- Growth in core service margins and EBITDA margin reflecting economies of scale and operational optimization
- EBITDA growth at 42%
NPATA of $19.2M (+30%)
NPATA per share growth of 9%
The global leader in remote communications and IT services
- Speedcast is the world's most trusted provider of fully managed remote communication network and IT services
o Industry leader: extensive worldwide footprint of local support, infrastructure and coverage coupled with world-class technology and a strong safety culture
o Innovator: able to design, integrate, secure and optimize networks tailored to customer needs
o Customer focused: with technology agnostic solutions and support designed to meet the needs of each unique customer installation
o Highly Skilled People make the difference in the services Speedcast provides
o Creating value for our customers beyond connectivity to meet evolving customer needs
To view the full presentation, please visit:
http://abnnewswire.net/lnk/GKY4JPOR
About Speedcast International Ltd
Speedcast International Ltd (ASX:SDA) is the world's most trusted communications and IT services provider, delivering critical communications solutions to the Maritime, Energy, Mining, Media, Telecom, Cruise, NGO, Government, and Enterprise sectors. With more satellite capacity than any other provider, Speedcast enables faster, seamless pole-to-pole coverage from a global hybrid satellite, fiber, cellular, microwave, MPLS, and IP transport network with direct access to public cloud platforms. The company also integrates differentiated technology offerings that provide smarter ways to communicate and distribute content, manage network and remote operations, protect and secure investments, and improve the crew and guest experience. With a passionate customer focus and a strong safety culture, Speedcast serves more than 3,200 customers in over 140 countries. Learn more at www.speedcast.com.
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