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$SATS (S58.SG)$ SATS FULL YEAR PROFIT OF S$56.4 MILLION[Scre...

SATS FULL YEAR PROFIT OF S$56.4 MILLION
• SATS FY24 revenue increased three-fold to a record S$5.1 billion due to robust aviation sector recovery and consolidation with Worldwide Flight Services (WFS)
• Integration with WFS on track, delivering annualised S$40 million of the expected S$100 million EBITDA synergies
• FY24 EBITDA (plus SoAJV) margin increased to 17.3% from 9.9% in FY23
• Operating cashflow (before lease payment) increased to S$512.1 million from S$79.6 million.
• Proposed dividend for the year of 1.5 cents
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