PARIS, Oct 17 (Reuters) - Thales TCFP.PA cut its 2019 revenue growth forecast on Thursday due mainly to slow sales of commercial satellites and production delays with an Australian military vehicle project.
Bringing forward part of a quarterly results announcement scheduled for Oct 22, the French company reported flat nine-month revenues of 10.87 billion euros.
Europe's largest defence electronics company now expects full-year revenues to grow around 1% on an organic or like-for-like basis, rather than a previous goal around 3%.
All other financial targets remain unchanged and Thales will communicate quarterly order intake data next Tuesday as previously planned, Finance Director Pascal Bouchiat said.