Eutelsat strong Q3

Eutelsat, the world’s third-largest satellite operator, reported an 8.9 per cent rise in third-quarter and raised its full-year guidance. Sales rose to E223.9 million euros ($346.2 million), compared with an average forecast for turnover of E217 million.

Eutelsat said it had decided to raise its full-year sales target. It was now aiming for sales of between E860-870 million for 2008, compared to a previous target for sales of between E850-860 million. Eutelsat also reported it was distributing 35 HDTV channels on its satellites at the end of March, or over twice as many as 12 months earlier.

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