Speedcast International Limited Reports Full Year 2017 Results With 136% Revenue Growth And 195% EBITDA Growth

Operational Highlights

"2017 was a transformative year for Speedcast during which we firmly established our leadership position in the industry and built a unique global platform, with a stronger ability to win business," said Pierre-Jean Beylier, Speedcast CEO. "Our 2017 results demonstrate the benefits of our scale and the synergies derived from the acquisition of Harris CapRock. Speedcast's leadership in the key verticals we serve positions the company well for good financial performance in 2018.  We will continue to focus on customer satisfaction, on innovation in all that we do, and on our people, who are our biggest asset."

Speedcast is also announcing that CFO Ian Baldwin will be leaving Speedcast at the end of the month for family reasons and will be pursuing a new opportunity. Ian joined the company shortly after the IPO in 2014 and during his tenure helped lead the group through significant growth, including the acquisition and integration of 10 companies.  Speedcast is actively recruiting a new CFO with the right experience and leadership to drive the company through its next phase of growth.  "I want to thank Ian for his contribution to the growth of Speedcast over the past three years and wish him all the best in the next chapter of his career," said Pierre-Jean Beylier, Speedcast CEO. 

About Speedcast International Limited
Speedcast International Ltd (ASX: SDA) is the largest provider of remote communications and IT services in the world. Speedcast's fully managed service is delivered via a leading global, multi-access-technology, multi-band and multi-orbit network of 70+ satellites and an interconnecting  global terrestrial network, bolstered by extensive on the ground local support from 40+ countries. This global "network of networks" allows customers to fully rely on the most robust, integrated infrastructure available in the market for their mission critical applications. Speedcast is uniquely positioned as a strategic business partner, tailoring communications, IT and digital solutions to meet unique customer needs and enable business transformation. Speedcast extends its managed services through differentiated technology offerings including cyber-security, crew welfare, content solutions, data and voice applications and network systems integration services. With a passionate customer focus and a strong safety culture, Speedcast serves more than 2,000 customers in over 140 countries in sectors such as Maritime, Energy, Mining, Enterprise, Media, Cruise, NGOs and Government. Learn more at www.speedcast.com.

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Contact Information

Media Contact:   ��                                                                             

Toni Lee Rudnicki                                                 
Vice President, Global Marketing
Speedcast International Ltd
[email protected]
+1-832-668-2634

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