SATS ASA Announces Robust Growth and Shareholder Returns
Company Announcements

SATS ASA Announces Robust Growth and Shareholder Returns

SATS ASA (DE:2S0) has released an update.

SATS ASA reports a strong financial performance in Q2 2024, with a 5% increase in revenues and a 13% improvement in EBITDA, signaling robust growth. The fitness chain also announced a customer base growth, with 4,000 new members and a higher average revenue per member. The CEO highlighted a record number of workouts and financial results, attributing this success to strategic investments in the company’s product offerings, and outlined plans for shareholder returns through dividends and share buybacks.

For further insights into DE:2S0 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Ryan Adist2S0 Earnings Report this Week: Is It a Buy, Ahead of Earnings?
TipRanks European Auto-Generated NewsdeskSATS ASA Announces Q2 2024 Results Webcast
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App