Page 60 - hisdeSAT annual report 2013

60

2013 PROFITS

INCOME
REVENUES
RESULT
TOTAL
EBITDA
EXPORT
NET
the American investee company Xtar Llc in 2012.
22.5
stood at €5.0 million after improving the accounts of
is significantly higher than the figure in 2012 which
32.4
Finally, the net profit for 2013 is €22.5 million, which
47.1
registered by the company.
in 2012 to €47.1 million in 2013, the highest figure
costs, EBITDA has increased from €41.0 million
provision of services and the reduction in operating
61.9
As a result of the improvement in income for the

represents a reduction of 6.8%.
to €15.9 million in the previous financial year, which
procurement, these stood at €14.8 million compared
include personnel, insurance, outsourcing and
In terms of the company’s operating costs, which
Evolution of revenues by services for 2011/2013
2013
area of security, defence and intelligence services.
2011
2012
offering a differentiated and innovative solution in the
satellite-based AIS automatic positioning system,
the area of earth observation, complemented by the
58.1
of services through high resolution radar images in
programme, which will allow it to extend its range
in 2013 progress has continued with the PAZ
In relation to the earth observation business area,

million.
59.9
of €60.3 million, which makes the total income €61.9
and broadening its customer base, achieving turnover
60.3
secure communication needs, providing new solutions
has continue to work with its customers to meet their
In the area of satellite communications, the company

Income and expenses