(Reuters) -European satellite company SES raised its full-year revenue and earnings forecasts on Thursday, citing early gains from its $3.1 billion acquisition of Intelsat, even as integration costs weighed on third-quarter earnings.

The group now expects annual revenue to grow to between 2.6 billion and 2.7 billion euros ($3.0 billion and $3.2 billion), after previously saying it would be stable year-on-year.

It sees adjusted earnings before interest, taxes, depreciation and amortization in a range of 1.17 billion to 1.21 billion, compared to a previous outlook for “broadly stable” EBITDA.

In 2024, SES recorded sales of 2 billion euros and adjusted EBITDA of 1.03 billion euros.

In the third quarter, the group’s core profit was 328 million euros ($383 million), while analysts polled by

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