8 Oct 2015 07:00
8 October 2015
Inmarsat Capital Markets Day and Trading Update
Inmarsat is today hosting a Capital Markets Day for investors and analysts at its offices at 99 City Road, London EC1. The event will run from 8.30 a.m. until approximately 12.30 p.m. and will focus on business strategy and operations, including presentations by Rupert Pearce, Chief Executive Officer, and Tony Bates, Chief Financial Officer, and the heads of Inmarsat's five business units.
Trading Update
No material change in the trading environment or in the Group's performance is expected during the remainder of 2015, and Inmarsat is today reiterating its guidance for 2015, with Group revenue for the full year expected to be in the range of $1,250m to $1,300m, including revenue of $70m expected to be received from LightSquared during the full year. Capex for the full year is expected to be in the range of $450m - $500m.
The company will discuss the approach it will take to future financial guidance. No material new information is being made available today.
The Capital Markets Day is being web-cast on www.inmarsat.com and the presentation slides available for download. A listen-only dial-in conference call facility will be available. To access this facility please dial +44 (0)20 3427 1918 (US +1 212 444 0412) and use the conference ID code 1027754.
For further information please contact :
Investors: Media:
David Boyd Chris McLaughlin/Jonathan Sinnatt
Tel. +44 (0)207 728 1518 Tel: +44 (0)77 9627 6033
david.boyd@inmarsat.com chris.mclaughlin@inmarsat.com
jonathan.sinnatt@inmarsat.com