No explanation for reversal of change in hedging strategy Luxembourg satellite broadcasting company SES reverses a prior year change in its hedging strategy and publishes a sensitivity analysis for changes in the US dollar exchange rate against the nominal amount of its net investment in the USA, but does not explain its reason for changing its hedging strategy.
Financial impacts of a satellite launch failure disclosed separately
Luxembourg satellite operator SES reports on the face of income statement a charge of €129 million and income of €130 million from failure to launch a satellite.