Q2 2024 Sats ASA Earnings Call Transcript

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Aug 22, 2024

Aug 22, 2024 / 08:00AM GMT
Sondre Gravir - Sats ASA - Chief Executive Officer

Good morning, everyone, and welcome to the SATS Q2 2024 presentation. My name is Sondre Gravir, I'm the CEO of SATS, and I also have with me here today Cecilie Elde, our CFO. We will run a Q&A session at teams at 10:00 AM today. This will be a pure Q&A session, without any further presentations. You will find the link to the Q&A session in the stock market announcement we published this morning both at Newsweb and at satsgroup.com.

Then moving on, Cecilie will cover the financials from the second quarter later in her section. And I would like to start by taking a step back and look at the development of SATS during the past few years. As we have improved our operational and financial performance notably overtime.

Number one, looking back, SATS had a solid development prior to the pandemic. The pandemic had a big negative impact on our operational and financial delivery. Then after the pandemic, we have gradually improved our operations, product offering and financial result quarter by quarter, and we are today presenting the

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