PARIS (Reuters) - French conglomerate Bouygues (PA:BOUY) raised its full-year sales forecast on Friday after it posted better-than-expected sales in the third quarter despite a weaker construction market and a price war in telecoms in France.
Bouygues said in a statement that it now expects 2014 sales to be flat to 1 percent lower versus 2013 after it posted a 1 percent rise in quarterly revenue to 9.041 billion euros (7.17 billion pounds), above the Thomson Reuters I/B/E/S poll average of 8.619 billion.
Quarterly current operating profit fell to 420 million euros (522.10 million US dollar) from 531 million a year earlier.
In August, Bouygues forecast 2014 sales would decline by between 1 percent and 2 percent.
(Reporting by Dominique Vidalon; Editing by James Regan)