Maritime demand boosts satellite operator Inmarsat

Satellite operator Inmarsat pushed up profits today as its first results as a listed company benefited from strong demand among maritime users.

The group, which has 10 satellites providing voice and data services, revealed a 4% hike in first-half revenues to $253.6m (€207.2m/£140.8m) with underlying earnings ahead 11% at $171.8m (€140.4m/£95.4m).