Sustaining Growth, Creating Value

SATS will be convening its 52nd Annual General Meeting (AGM) at the Grand Ballroom, Level 4, Grand Copthorne Waterfront Hotel Singapore, 392 Havelock Road, Singapore 169663 on Friday, 25 July 2025 at 11.00 a.m. The meeting will be held in a wholly physical format. There will be no option for shareholders to participate virtually.


For FY2025, SATS delivered PATMI growth of more than three-fold compared to FY2024. This strong performance reflects the benefits of increased scale, integration synergies and enhanced operational efficiency across the Group's expanded business portfolio. The aviation industry continues to show strong growth momentum, with IATA reporting global passenger demand rising 10.4% year-on-year to record levels and air cargo demand achieving exceptional 11.3% growth in 2024.


Powering the Winds of Trade

Leveraging our extensive network and cargo handling capability, we support global supply chains by enabling the fast, secure movement of high-value, time-sensitive goods to drive efficient, reliable trade across the world.

Elevating the Travel Experience

By integrating real-time data from multiple sources to orchestrate complex ground handling operations, we optimise efficiency and enhance coordination across the travel journey.

Fuelling the World with Culinary Excellence

We will scale our culinary innovations and optimise capacity in our network of production facilities to bring high-quality, nutritious, authentic-tasting, globally popular Asian food in different formats to key markets. 


"Global trade over the past year has been defined by rising geopolitical tensions and policy uncertainty. Despite these challenges, the SATS Group has continued to focus on executing our strategy, growing steadily through contract renewals and new commercial wins."

Irving Tan

Chairman

 

Kerry Mok

President & Chief Executive Officer

                              

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Financial Review

It has been a year of strong growth as we delivered solid operational performance across our expanded global network, captured significant integration synergies ahead of expectations, and demonstrated resilience amid evolving geopolitical challenges.


9.8%

Return on Equity

S$1,036.2M

EBITDA+



Gateway Services Operations Review

We reinforce our position as a premier air cargo handler by expanding our unparalleled global network, developing innovative logistics solutions tailored to high-growth market segments, and enhancing operational efficiency.                             

Food Solutions Operations Review

By enhancing operational agility, deepening culinary innovation, and optimising supply chain resilience, SATS is well-positioned to meet evolving customer preferences and emerging trends. Leveraging strategic partnerships, we aim to drive synergistic growth and capitalise on new market opportunities.


SATS Business Strategy

We leverage our global leadership in air cargo handling to deliver innovative, tailored logistics solutions that meet evolving customer needs across our unparalleled network. As Singapore's flagship hub and innovation lighthouse, we continue expanding our handling capacity and capabilities while pioneering best-in-class service quality and operational efficiency. As the leading provider of aviation food solutions, we will harness synergistic growth opportunities across aviation and non-aviation catering to create sustainable value for all stakeholders.


Corporate Governance Report

SATS is committed to high standards of corporate governance which serve as a cornerstone for ethical conduct, sustainable corporate performance, operating competitiveness and accountability.
 

People

Creating a unified culture carries particular significance for SATS due to the rapid expansion of our global footprint. We have actively driven our cultural integration beginning with the roll out of our SATS People Values globally.


"Our 3-stage ESG approach of comply, optimise, and transform is designed to ensure compliance with regulatory demands while optimising our operations for efficiency and resilience, ultimately transforming our business to lead the aviation logistics sector towards a more sustainable future."

"SATS has committed to reduce our Scope 1 and 2 emissions by 50% by 2030 from baselines established for Singapore-based operations in 2020 and for overseas operations in 2024."

"At SATS, we recognise that our people are our most valuable asset, and we are committed to fostering a supportive and empowering work environment. Our talent development strategy is designed to attract, retain, and nurture top talent, ensuring that we remain a global employer of choice."

"We have established global policies and procedures to ensure compliance with applicable laws and regulations, including those related to bribery and corruption, sanctions, and data protection."



Annual Report

PDF 10.69MB


Sustainability Report

PDF 15.09MB


ESG Data Book

PDF 759.13KB


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