Home   /   Taxonomy   /   Term

Singapore Airport Terminal Services (SATS)

Services

SATS, whose 'digitalisation' is underway, grabs top spot; Silverlake Axis beats peers on ROE

SINGAPORE (Sept 16): SATS, which provides gateway services and catering to the aviation, hospitality, healthcare, freight and logistics, and government sectors, was the runner-up in the 2018 services sector of the Billion Dollar Club. It was edged out by

Markets

IMF cuts global forecast; Fed in focus

SINGAPORE (July 29): The European Central Bank has signalled the need for significant stimulus in the economy, as the growth outlook deteriorates. While the ECB has held rates unchanged for now, president Mario Draghi has indicated that lower interest rat

Disruption and Digitalisation

SATS and Dassault Systèmes create world's first virtual twin of in-flight kitchen

SINGAPORE (July 25): SATS, the airline gateway services and food solutions provider, is collaborating with Dassault Systèmes to enhance its in-flight kitchen operations.

Broker's Calls

SATS kept at 'buy' by CGS-CIMB on strategy of buying out rivals

SINGAPORE (June 17): CGS-CIMB Research is maintaining SATS at ‘add’ given the stock is a proxy for secular growth in air travel although M&As may require investor to be patient in the short term.

Markets

US ban on Huawei unnerves markets; more REIT listings in the pipeline?

SINGAPORE (May 27): The US’ decision to include Huawei Technologies on its US Entity List has added fuel to the trade tensions between itself and China. 

Results

SATS FY18 earnings down on absence of one-off gain; buying 50% of Nanjing food firm for $31 mil

SINGAPORE (May 17): SATS continues its revenue growth with its FY18 ending Mar 31 results, with a 6% increase y-o-y to $1.8 billion, on the back of another strong 4Q2018 ending Mar 31 results which saw revenue grow 11.3% y-o-y to $471.5 million.

Tech

SATS plans to tap ready-to-eat meals business

SINGAPORE (Mar 11): SATS plans to tap the rising demand for ready-to-eat meals.

Broker's Calls

China visitor slowdown a blip for SGX aviation services provider: Maybank

SINGAPORE (Jan 15): Singapore’s aviation services-related stocks have been weighed down by a slowdown in Chinese visitor arrivals in 4Q18.

Right Timing

Right timing: STI and short- and medium-term indicators have stabilised

STI and short- and medium-term indicators have stabilised Quarterly momentum languished during the past four trading sessions, but remains above a resistance and its own moving average. In addition, ADX is neutral after a period of being negatively place

Deals, joint ventures & alliances

SATS signs investment deal to build central kitchen in Tianjin

SINGAPORE (Nov 19): SATS's subsidiary SATS China Co has entered into an investment agreement with Tianjin Wuqing Hexiwu town government to construct and operate a central kitchen in Hexiwu Town Food Zone.
×