This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Inmarsat Plc Interim Management Statement

Inmarsat Solutions

                                      Three months ended                                                          
                                          30 September     Increase/
    (US$ in millions)                    2012      2011   (decrease)

    Inmarsat MSS                        104.1     107.4      (3.1%)
    Broadband and Other MSS             101.8      90.0      13.1%
    Total revenue                       205.9     197.4       4.3%

Lower Inmarsat MSS revenue at the Inmarsat Solutions level was driven primarily by lower revenue from Afghanistan and lower event-related revenue year-over-year.  Growth in Broadband and Other MSS was primarily due to increased revenue from our US Government business unit in relation to managed network services and equipment sales.  


At 30 September 2012, the Inmarsat plc group had net borrowings of $1,423.0m, made up of cash and cash equivalents of $446.8m and total borrowings of $1,869.8m.  Including cash and available but undrawn borrowing facilities, the group had total available liquidity of $1,527.5m.  We remain fully funded as to all our capital needs for the foreseeable future.  

Our Financial Reports

Inmarsat Group Limited, our wholly-owned subsidiary, today reported unaudited consolidated financial results for the three months ended 30 September 2012.  A copy of the full financial report for Inmarsat Group Limited can be accessed via the investor relations section of our website.

Other Information

Inmarsat management will discuss the results announced today and other financial and business information in a conference call on Monday, 5 November at 2:00pm London time, ( United States 9:00am EST).  To access the call please dial +44(0)1452-555566.  The conference id for the call is 53479787.  The call will be recorded and available for one week after the event.  To access the recording please dial +44(0)1452-550000 and enter the access number 53479787.  The call will also be available via a webcast, to access the webcast please go to

Forward-looking Statements

4 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,104.29 -27.57 -0.16%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,823.6460 -14.9970 -0.31%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs