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.

Other posts by :

1. Turkey establishes satellite production ecosystem
2. Italy joins Germany in IRIS2 alternate thoughts
3. Kazakhstan to create museum at Yuri Gagarin launch site
4. AST SpaceMobile gets $42 or $1500 price target
5. Analyst: GEO bloodbath taking place
6. SES AGM results: Appaloosa still objecting
7. SpaceX’s Shotwell worth $1.2bn
8. SpinLaunch’s revolutionary plan for 280 satellites
9. Consolidation impacts satellite sector

Categories: Articles, Business, Results