GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
S

SES SESG.PA · EUR

Communication Services · Euronext Paris · 🇫🇷 France

Compare

4.72

+4.89%

Close of 9 Nov 2026, in EUR

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in EUR, from our data supplier.

FY2025

Revenue

€2.63bn

FY2016FY2025

Net income

−€95.0m

FY2016FY2025

Free cash flow

€229.0m

FY2016FY2025

Shareholders' equity

€2.10bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€2.63bn€2.00bn€2.03bn€1.94bn€1.75bn€1.84bn€1.94bn€1.93bn€2.04bn€2.07bn
Gross profit€1.87bn€1.35bn€1.38bn€1.59bn€1.43bn€1.54bn€1.67bn€1.65bn€1.76bn€1.84bn
Operating income€56.0m€64.0m−€686.0m€397.0m€337.0m€306.0m€365.4m€391.1m€610.6m€1.32bn
Net income−€95.0m€15.0m−€905.0m−€35.0m€453.0m−€95.0m€296.0m€292.4m€596.1m€962.7m
Diluted earnings per share-0.230.04-2.06-0.080.85-0.180.520.531.041.67

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets€13.37bn€10.33bn€10.18bn€12.61bn€13.08bn€12.39bn€13.23bn€12.86bn€12.18bn€13.65bn
Cash and short-term investments€1.07bn€3.22bn€2.91bn€1.05bn€1.05bn€1.16bn€1.16bn€909.1m€269.6m€587.5m
Total liabilities€10.66bn€6.83bn€6.43bn€6.95bn€7.35bn€6.95bn€6.98bn€6.61bn€6.07bn€6.70bn
Debt€6.94bn€4.57bn€4.20bn€4.39bn€3.61bn€3.97bn€4.47bn€4.42bn€3.95bn€4.43bn
Shareholders' equity€2.10bn€3.42bn€3.08bn€5.60bn€5.67bn€5.37bn€6.17bn€6.15bn€5.99bn€6.81bn
Shares outstanding414m413m439m438m531m531m564m555m575m575m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€751.0m€1.01bn€3.42bn€1.48bn€1.29bn€1.05bn€1.13bn€1.19bn€1.25bn€1.27bn
Capital spending−€522.0m−€303.0m−€405.0m−€1.35bn−€280.0m−€210.0m−€305.3m−€328.2m−€481.2m−€620.0m
Free cash flow€229.0m€703.0m€3.01bn€122.0m€1.01bn€839.0m€828.8m€863.1m€770.0m€654.1m
Dividends paid−€207.0m−€320.0m−€220.0m−€219.0m−€181.0m−€182.0m−€363.9m−€362.9m−€608.3m−€527.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue€1.60bn€847.0m€1.65bn€769.0m€469.0m€509.0m€526.0m€497.0m
Gross profit€33.0m€847.0m−€45.0m€256.0m€469.0m€509.0m€526.0m€250.0m
Operating income€60.0m€98.0m€88.0m€1.0m−€1.0m€78.0m−€67.0m€20.0m
Net income−€176.0m−€16.0m−€109.0m−€69.0m−€15.0m€29.0m−€62.0m€4.0m
Diluted earnings per share-0.46-0.04-0.26-0.17-0.040.07-0.150.01
Cash from operations——€266.0m—€501.0m—€815.0m—
Capital spending——−€291.0m—−€231.0m—−€148.0m—
Free cash flow——−€25.0m—€270.0m—€667.0m—
Total assets€13.09bn—€13.74bn—€10.53bn—€10.33bn—
Cash and short-term investments€918.0m€1.08bn€1.07bn€4.62bn€4.62bn€3.52bn€3.22bn€2.06bn
Debt€6.53bn—€874.0m—€5.76bn—€4.54bn—
Shareholders' equity€2.56bn€2.71bn€2.10bn€2.88bn€2.81bn€3.49bn€3.42bn€3.63bn

Financial ratios

Data as of 27 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin71.2%67.5%68.2%81.9%81.8%84.2%
Operating margin2.1%11.1%-31.6%7.9%29.6%2.8%
Net margin-3.6%0.7%-44.6%-1.8%25.9%-5.2%
Return on equity-4.5%0.4%-29.4%-0.6%8.0%-1.8%
Return on assets-0.7%0.1%-8.9%-0.3%3.5%-0.8%
Free cash flow yield71.7%73.9%203.0%150.7%69.2%55.3%
Revenue growth31.4%-1.4%4.4%11.1%-4.7%-5.4%
Earnings growth-733.3%-101.7%2485.7%-107.7%-576.8%-132.1%
Current ratio0.87x2.83x1.93x1.33x1.14x1.16x
Debt to equity3.04x1.33x1.36x0.78x0.63x0.73x
Equity ratio15.7%33.1%30.2%44.4%43.3%43.3%
Interest coverage0.33x1.60x-6.06x1.24x5.45x0.33x
Buybacks as a share of market value-0.3%5.9%-0.2%17.4%0.0%6.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.6%7.5%2.7%
Operating income-47.9%-28.8%-24.2%
Net income39.5%0.0%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin69.6%72.0%75.3%80.8%
Operating margin2.6%-2.0%3.9%18.3%
Net margin-1.7%-11.9%-5.4%9.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings-23.884.2-2.9-76.28.2-43.123.831.712.612.5
Price to sales0.90.61.31.42.12.23.64.83.75.8

Dividends and splits

Per share, in the currency the company pays

Paid for 22 years. Last went ex-dividend on 13 Oct 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.500.501.030.500.500.400.400.80

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.