Link: https://links.sgx.com/1.0.0/corporate-announcements/0C2YBJ3VTFK26I48/599f9cfd4335ee202a8a2a684daadf279e0071b970bc4c44960ef97f3bc19c39

Summary:

• SATS reported an impressive full-year net profit (PATMI) of S$243.8 million for FY2025, representing a more than three-fold increase compared to S$56.4 million in FY2024.
• Group revenue for FY2025 increased by 13.0% year-on-year to S$5.82 billion, propelled by volume growth across all core business segments and gains in air cargo market share.
• The company demonstrated strong operational efficiency, with EBITDA growing by 32.7% to S$1.04 billion, leading to a margin expansion from 15.2% to 17.8%, and a significant turnaround in free cash flow to positive S$228.3 million.
• SATS successfully achieved S$103 million in EBITDA integration synergies within two years, significantly exceeding initial expectations.
• For the full year, a final dividend of 3.5 cents per share has been proposed, as SATS anticipates continued positive momentum, supported by its strong positions in air cargo and Asia food solutions, alongside plans to reduce debt, reinvest in the business, and enhance shareholder returns.