France’s Eutelsat, the world’s third-largest satellite operator, has raised its full-year revenue targets after posting a 5.6 per cent increase in third-quarter sales. The company said it now expected full-year sales of E925 million against E910 million previously forecast. The group had already raised its revenue guidance from E900 million to E910 million three months ago.
Video applications, which account for three-quarters of group’s sales, were up 4.5 per cent at E172.3 million. Eutelsat posted third-quarter sales of E236.5 million, up 3.6 per cent.