Inmarsat increases its 2014 full year dividend by 5% in dollar terms

DividendMax Ltd.

Inmarsat increases its 2014 full year dividend by 5% in dollar terms

Full Year Financial Headlines

Total revenues $1,285.9m (2013: $1,261.9m)

o Maritime up $70.8m to $595.6m (+13.5%); underlying growth (excl. acquisition) +3.2% 

o Government down $88.4m to $319.9m (-21.7%)

o Enterprise down $54.9m to $166.7m (-24.8%); underlying growth (excl. disposal) +6.2%

o Aviation up $27.7m to $101.1m (+37.7%)

o $75.4m from LightSquared (2013: $12.3m)

Wholesale Mobile Satellite Service (MSS) revenues $791.4m, up 3.8% (2013: $762.4m)

EBITDA $701.0m (2013: $648.8m)

Profit after tax $341.1m (2013: $102.6m)

Final dividend increased by 5% to 30.26 cents/share (2013: 28.82 cents/share) 

Companies mentioned