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.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
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.
Copyright (c) 2019 CercleFinance.com. All rights reserved.