Eutelsat: Q3 sales flat

(CercleFinance.com) - The Eutelsat share is down 4.
3% today after reporting Q3 2018-19 sales of 336.7 million euros, up 0.7% thanks to the contribution from other income, such as payments relating to the settlement of commercial disputes.

For the group's five operating businesses (excluding other income), sales fell by 4% on a comparable basis, given a negative scope effect of around 1.2 point and a positive FX impact of around 2.4 points.

With 9m sales of operating activities that are down 3% on a comparable basis, the group now expects a similar trend for the year, and has confirmed all other targets.


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