(Reuters) – Eutelsat, the world’s third-biggest satellite operator by revenue, on Thursday reported third-quarter sales in line with expectations, supported by sustained growth in its fixed broadband and mobile connectivity divisions.
The company reported a 5.2% fall in quarterly revenue to 272 million euros ($299.4 million), against analysts’ average estimate of 271 million euros in a company-provided poll.
The group confirmed its financial targets for fiscal 2022/23 and in longer term, including an annual adjusted discretionary free cash flow of 420 million euros.($1 = 0.9084 euros)
(Reporting by Lina Golovnya in Gdansk; editing by Milla Nissi)
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Source: The Print
