Full Year Financial Headlines
Total revenues flat at $1,274.1m (2014: $1,275.1m)
o Maritime $2.4m lower at $593.2m (-0.4%)
o Government $33.3m lower at $286.6m (-10.4%)
o Enterprise up $3.6m to $159.5m (+2.3%)
o Aviation up $25.7m to $126.8m (+25.4%)
o LightSquared up $13.2m to $88.6m (+17.5%)
EBITDA up $25.0m (+3.6%) to $726.0m (2014: $701.0m)
Profit after tax $282.0m, down $59.1m (2014: $341.1m)
Final dividend increased by 5.0% to 31.78 cents per share (2014: 30.26 cents per share)
Operational Highlights
Inmarsat-5 F2 and Inmarsat-5 F3 satellites launched successfully. Global Commercial Service Introduction ('CSI') for our Global Xpress ('GX') high-speed mobile broadband capability delivered in December 2015.
Significant steps taken towards delivering the European Aviation Network ('EAN'), our transformational aviation cabin connectivity opportunity. Strategic relationship established with Deutsche Telekom to develop the ground component of the EAN. Major airline contracts for Inmarsat aviation services awarded by Deutsche Lufthansa and Singapore Airlines.
Contract signed with Airbus for the construction of two dual L and Ka-band payload Inmarsat-6 ('I-6') satellites which will provide significant increases in capability and capacity.