SES S.A.

BDL:SESGL Stock Report

Market Cap: €2.9b

SES Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Adel Al-Saleh

Chief executive officer

€5.3m

Total compensation

CEO salary percentage20.51%
CEO tenure1.7yrs
CEO ownershipn/a
Management average tenure1.5yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

SES (BDL:SESGL) Has Announced A Dividend Of €0.2125

Oct 03
SES (BDL:SESGL) Has Announced A Dividend Of €0.2125

Earnings Update: Here's Why Analysts Just Lifted Their SES S.A. (BDL:SESGL) Price Target To €5.40

Aug 03
Earnings Update: Here's Why Analysts Just Lifted Their SES S.A. (BDL:SESGL) Price Target To €5.40

SES (BDL:SESGL) Takes On Some Risk With Its Use Of Debt

Aug 02
SES (BDL:SESGL) Takes On Some Risk With Its Use Of Debt

SES S.A.'s (BDL:SESGL) 26% Price Boost Is Out Of Tune With Revenues

Jul 06
SES S.A.'s (BDL:SESGL) 26% Price Boost Is Out Of Tune With Revenues

Here's Why SES (BDL:SESGL) Has A Meaningful Debt Burden

Apr 22
Here's Why SES (BDL:SESGL) Has A Meaningful Debt Burden

SES S.A.'s (BDL:SESGL) 51% Price Boost Is Out Of Tune With Revenues

Mar 26
SES S.A.'s (BDL:SESGL) 51% Price Boost Is Out Of Tune With Revenues

We Think SES' (BDL:SESGL) Healthy Earnings Might Be Conservative

Mar 06
We Think SES' (BDL:SESGL) Healthy Earnings Might Be Conservative

SES S.A. (BDL:SESGL) Released Earnings Last Week And Analysts Lifted Their Price Target To €5.70

Mar 02
SES S.A. (BDL:SESGL) Released Earnings Last Week And Analysts Lifted Their Price Target To €5.70

SES S.A.'s (BDL:SESGL) Shares Climb 27% But Its Business Is Yet to Catch Up

Feb 09
SES S.A.'s (BDL:SESGL) Shares Climb 27% But Its Business Is Yet to Catch Up

A Piece Of The Puzzle Missing From SES S.A.'s (BDL:SESGL) Share Price

Dec 09
A Piece Of The Puzzle Missing From SES S.A.'s (BDL:SESGL) Share Price

Is SES (BDL:SESGL) A Risky Investment?

Aug 29
Is SES (BDL:SESGL) A Risky Investment?

SES S.A.'s (BDL:SESGL) Price Is Out Of Tune With Revenues

Aug 02
SES S.A.'s (BDL:SESGL) Price Is Out Of Tune With Revenues

Some Shareholders Feeling Restless Over SES S.A.'s (BDL:SESGL) P/S Ratio

Apr 14
Some Shareholders Feeling Restless Over SES S.A.'s (BDL:SESGL) P/S Ratio

Why SES S.A. (BDL:SESGL) Could Be Worth Watching

Mar 06
Why SES S.A. (BDL:SESGL) Could Be Worth Watching

These Return Metrics Don't Make SES (BDL:SESGL) Look Too Strong

Jan 24
These Return Metrics Don't Make SES (BDL:SESGL) Look Too Strong

SES S.A.'s (BDL:SESGL) Share Price Not Quite Adding Up

Jan 03
SES S.A.'s (BDL:SESGL) Share Price Not Quite Adding Up

Is SES (BDL:SESGL) A Risky Investment?

Dec 11
Is SES (BDL:SESGL) A Risky Investment?

Is It Time To Consider Buying SES S.A. (BDL:SESGL)?

Oct 20
Is It Time To Consider Buying SES S.A. (BDL:SESGL)?

These Return Metrics Don't Make SES (BDL:SESGL) Look Too Strong

Sep 18
These Return Metrics Don't Make SES (BDL:SESGL) Look Too Strong

Is Now An Opportune Moment To Examine SES S.A. (BDL:SESGL)?

Jul 13
Is Now An Opportune Moment To Examine SES S.A. (BDL:SESGL)?

These 4 Measures Indicate That SES (BDL:SESGL) Is Using Debt Extensively

Jun 25
These 4 Measures Indicate That SES (BDL:SESGL) Is Using Debt Extensively

These Return Metrics Don't Make SES (BDL:SESGL) Look Too Strong

May 22
These Return Metrics Don't Make SES (BDL:SESGL) Look Too Strong

What Does SES S.A.'s (BDL:SESGL) Share Price Indicate?

Mar 27
What Does SES S.A.'s (BDL:SESGL) Share Price Indicate?

We Think SES (BDL:SESGL) Is Taking Some Risk With Its Debt

Mar 09
We Think SES (BDL:SESGL) Is Taking Some Risk With Its Debt

SES' (BDL:SESGL) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Feb 09
SES' (BDL:SESGL) Returns On Capital Tell Us There Is Reason To Feel Uneasy

CEO Compensation Analysis

How has Adel Al-Saleh's remuneration changed compared to SES's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

-€56m

Mar 31 2025n/an/a

-€44m

Dec 31 2024€5m€1m

€0

Compensation vs Market: Adel's total compensation ($USD6.16M) is above average for companies of similar size in the Luxembourg market ($USD1.99M).

Compensation vs Earnings: Insufficient data to compare Adel's compensation with company performance.

CEO

Adel Al-Saleh (62 yo)

1.7yrs
Tenure
€5,323,292
Compensation

Mr. Adel B. Al-Saleh serves as Chief Executive Officer at SES S.A. since February 1, 2024. He had been Non-Independent Non-Executive Director at BT Group Plc d/b/a British Telecom since May 15, 2020 until...

Leadership Team

NamePositionTenureCompensationOwnership
Adel Al-Saleh
Chief Executive Officer1.7yrs€5.32mno data
Xavier Bertran
Chief Product & Innovation Officer1.5yrs€699.32kno data
Elisabeth Pataki
Chief Financial Officerless than a yearno datano data
Adam Levy
Chief Operations & Engineering Officerno datano datano data
Christian Kern
Head of Investor Relationsno datano datano data
Aaron Shourie
Chief Legal Officerno datano datano data
Veronika Ivanovic
Chief Human Resources Officer1.1yrsno datano data
Deepak Mathur
President of Media Vertical13.8yrsno datano data
Elias Zaccack
Senior Vice President of Commercial Americasno datano datano data
Gerald Oberst
Senior Vice President of Global Regulatory & Governmental Strategy13yrsno datano data
Greg Orton
Chief Integration1.5yrsno datano data
Nihar Shah
Chief Strategy Officer1.5yrsno datano data
1.5yrs
Average Tenure
52yo
Average Age

Experienced Management: SESGL's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Joseph Cohen
Directorless than a yearno datano data
Kathrin Wehr-Seiter
Independent Director10.8yrs€96.00kno data
Frank Esser
Independent Chairman of the Board5.7yrs€171.00kno data
Françoise Thoma
Non Independent Director9.3yrs€104.00kno data
Fabienne Bozet
Independent Director2.7yrs€86.00kno data
Ellen Lord
Independent Directorless than a yearno datano data
Anne-Catherine Ries
Non Independent Vice-Chairperson of the Board10.8yrs€114.00kno data
Peter van Bommel
Independent Vice Chairman of the Board5.5yrs€118.00kno data
Jacques Thill
Non-Independent Director3.8yrs€86.00kno data
Carlo Fassbinder
Director3.5yrs€84.00kno data
John Shaw
Independent Directorless than a yearno datano data
3.8yrs
Average Tenure
57yo
Average Age

Experienced Board: SESGL's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/30 22:47
End of Day Share Price 2025/10/30 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SES S.A. is covered by 34 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
Pierre BucailleBanco BPI, S.A.
Nicholas Michael DempseyBarclays