The Critical Communications Company
Macquarie Australia 2019 Conference Presentation
London, May 1, 2019 AEST (ABN Newswire) - Speedcast International Ltd (
ASX:SDA) (SPPDF:OTCMKTS) provides the Company's latest presentation at Macquarie Conference.
Stronger service revenue growth and cash generation in 2019
- Expecting to deliver moderate organic revenue growth for the full year despite the negative 2019 impact of the NBN contract
- EBITDA expected to be in the range of ~$160-$171m, skewed toward 2H2019
- Temporary 2019 EBITDA margin dilution due primarily to Globecomm, expected to improve over time with cost synergy realisation & Energy growth
- Globecomm integration progressing well, including synergy realisation for 2019
- Cash flow generation to increase in 2019, including NBN cash realisation
- Capex expected to be ~$50-$60m in 2019
- Deleveraging is a priority, with net leverage expected to be 3.0-3.2x by the end of 2019 on a like for like basis
- 2019 dividend may be adjusted in consideration of deleveraging priority
To view the full presentation, please visit:
http://abnnewswire.net/lnk/I86Q7A03
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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