Technology Blog

LONDON, March 9, 2010 /PRNewswire-FirstCall/ -- Inmarsat plc (LSE: ISAT), the leading provider of global mobile satellite communications services, today reported consolidated financial results for the year ended 31 December 2009. Inmarsat plc - Full Year 2009 Highlights - Total revenue $1,038.1m up 4.2% (2008: $996.7m) - Inmarsat Global MSS revenue $682.8m up 10.4% (2008: $618.4m) - EBITDA $594.2m up 11.9% (2008: $531.2m) - Adjusted EPS[1] $0.38 up 26.7% (2008: $0.30) - 2nd interim dividend of 20.63 cents US$, up 13.4% on 2008 final dividend - Full year dividend increase 10% - Free cash flow up 54% to $349.0m Q4 2009 Inmarsat Group[2] Highlights - Q4 revenue $181.5m up 13.0% (2008: $160.6m) - Q4 MSS revenue $176.9m up 12.5% (2008: $157.2m) - Q4 EBITDA $119.7m up 18.0% (2008: $101.4m) - $650m refinancing completed, lowering cost of debt - Acquisition of Segovia government solutions business Andrew Sukawaty, Inmarsat's Chairman and Chief Executive Officer, said, "We finished the year strongly and continue to se