London, Feb 28, 2017 AEST (ABN Newswire) - SpeedCast International Ltd (ASX:SDA) is pleased to provide the Company's Financial Results Presentation for Year Ended December 31, 2016.

A transformative FY 2016

Operational

- Transformationalacquisition 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% ($41.5M) NPATA of $19.2M(+30%)

SpeedCast -The new global leader

SpeedCast is the world's most trusted provider of fully managed remote communication network and IT services.

- Industry leader: extensive worldwide footprint of local support, infrastructure and coverage coupled with world-class technology and a pervasive safety culture

- Innovator: able to design, integrate, secure and optimize networks tailored to customer needs

- Customer focused: with technology agnostic solutions and support designed to meet the needs of each unique customer installation

- Highly Skilled Peoplemake the difference in the services SpeedCast provides

- Creating value for our customers beyond connectivity to meet evolving customer needs

FY 2017 outlook - GLOBAL GROWTH

- GLOBAL CAPABILITIES

Global footprint, global network, scale and enhanced product offerings will enable new revenue opportunities and synergies.

- GLOBAL LEADER

The combination of HCC and SpeedCast creates a strong global and diversified Group, at a time when some of our key competitors are experiencing difficulties.

- GLOBAL BRAND

Rebranding ongoing to increase brand awareness and better communicate our capabilities and the value we can create for our customers.

- M & A GROWTH

In addition to the HCC acquisition, a full period impact of NewCom, ST Teleport, and WINS will drive growth.

- ORGANIC GROWTH

Strong focus on organic growth in 2017. We expect growth momentum to build in 2H 2017.

- EBITDA GROWTH

A systematic focus on operational efficiencies and organic growth is expected to deliver continuous EBITDA margin improvement.

To view the full presentation, please visit:
http://abnnewswire.net/lnk/I9B4F061


About SpeedCast International Ltd

Speedcast InternationalSpeedCast International Ltd (ASX:SDA) is the largest global satellite communications and network service provider, offering high-quality managed network services in over 100 countries and offices in over 40 countries. SpeedCast has a unique infrastructure to serve the requirements of customers globally and has distinguished itself with strong operational expertise and a highly efficient support organization. For more information, visit SpeedCast.

     


Contact

Media Contact Information:
Phillip Parker
Director of Marketing
SpeedCast International Limited
T: +1-832-668-2777
E: phillip.parker@speedcast.com

Investor Contact Information:
Ian Baldwin
Chief Financial Officer
SpeedCast International Limited
T: +61-2-9086-2785
E: ian.baldwin@speedcast.com



Related Companies

SpeedCast International Ltd

ABN Newswire This Page Viewed:  (Last 7 Days: 46) (Last 30 Days: 504) 
ANALYTICS: LOGIN HERE

SpeedCast International Ltd NEWS: RECENT VISITS (6255)

Social Media