Page 56 - hisdeSAT Annual Report 2017
P. 56
4.2. FINANCIAL 4.3.
RESULTS
H isdesat generated operating re- principally associated with an expan-
PLÉJÄDES SATELLITE IMAGE -
WATERKLOOF SOUTH AFRICA venues of €46.26 million during sion in the workforce required for the
© CNES 2016, DISTRIBUTION AIRBUS DS
2017, for a total income of €47.44 mi- operation and management of the
llion including other operating income. new satellite in 2018.
The operating expenses of the com- In 2017 the company generated an
pany stood at €14.86 million. This re- EBITDA of €35.67 million, with net pro-
presents an increase of €0.7 million, fit amounting to €5.97 million.
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HISDE S AT ANNU AL REPOR T 2 017
