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Inmarsat Reiterates Revenue Guidance And Expects Benign End To Year

8th Oct 2015 06:14

LONDON (Alliance News) - Satellite communications company Inmarsat PLC on Thursday reiterated its guidance for the full year as it said no material change in its trading environment is expected for the rest of 2015.

The company said it expects group revenue for the full year to be USD1.25 billion to USD1.30 billion, including USD70.0 million in revenue from its cooperation agreement with LightSquared Inc.

The company is holding a Capital Markets Day on Thursday and said it will discuss its approach to future financial guidance.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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