Eutelsat reported an increase in third-quarter sales on Tuesday, driven by strong performances in its mobile, fixed and government services connectivity activities, albeit slightly below expectations.

Sales came to 300.8 million euros for the January-March period, up 8.3% at constant exchange rates and scope.

Analysts were expecting third-quarter sales of 304 million euros, according to a consensus provided by the company.

Eutelsat confirmed its financial targets for the rest of the year.

(Written by Gaëlle Sheehan, edited by Kate Entringer)