France’s Thales issues 2019 sales warning on space, defence woes

PARIS (Reuters) - Thales 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 (9.4 billion pounds).

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