Thales : Order intake and sales at 30 September 2016
October 19, 2016 at 03:49 am
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Thales is today releasing its order intake and sales for Q1 2016.
Patrice Caine, Chairman & Chief Executive Officer, commented:
'Over the first nine months of the year, thanks to the efforts of its employees across the globe, Thales posted a solid commercial momentum, including a sharp rise in order intake in its aerospace and defence segments. The booking of the Indian Rafale order enables us to upgrade our order intake target for the Full Year. For the third consecutive year, Thales will achieve a book-to-bill ratio above 1, confirming its return to sustainable growth.'
Order intake: €10.2 billion, +1%
Sales: €10.0 billion, up 10.8% at constant scope and currency (+9.9% on a reported basis)
Full Year 2016 order intake target upgraded to €15.5 to 16.0 billion
Full Year 2016 sales target adjusted: organic[1] growth slightly above +5%
Order intake, € million
9 months
2016
9 months
2015
Total change
Organic change
Aerospace
3,735
3,153
+18%
+19%
Transport
687
2,486
-72%
-71%
Defence & Security
5,741
4,639
+24%
+25%
Other
53
34
Total
10,216
10,312
-1%
+1%
Sales, € million
Aerospace
3,898
3,587
+8.7%
+9.4%
Transport
1,046
862
+21.2%
+24.6%
Defence & Security
5,023
4,633
+8.4%
+9.1%
Other
66
49
Total
10,033
9,131
+9.9%
+10.8%
Of which mature markets[2]
7,077
6,593
+7.4%
+8.3%
Of which emerging markets
2,956
2,539
+16.4%
+17.1%
We are pleased to invite you to participate in this conference call in English:
Wednesday, 19 October 2016 at 08:30 am (CET) Dial-in number from France: +33 (0)1 70 77 09 36 International dial-in number: +44 (0) 203 367 94 62. It will be also possible to follow the conference call through a webcast by using the following link: http://edge.media-server.com/m/p/kfaxjjxs. If you are unable to listen to the call live, a digital replay will be available a few hours after the end of the conference call and will remain available for 90 days. To access the replay, please dial +33 (0)1 72 00 15 00 or +44 (0) 203 367 94 60 (code 303831#).
[1]
In this press release, 'organic' means 'at constant scope and exchange rates'.
[2]
Mature markets: Europe, North America, Australia, New Zealand; emerging markets: all other countries.
THALES SA published this content on 19 October 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 October 2016 07:49:01 UTC.
Original documenthttps://www.thalesgroup.com/en/worldwide/investors/press-release/order-intake-and-sales-30-september-2016
Public permalinkhttp://www.publicnow.com/view/34E6EEEFC1015BD578E9B4DFE10277724991DCED
Thales is one of the European leaders in manufacturing and marketing of electronic equipment and systems for the defense and security, aerospace, and transportation sectors. Net sales break down by product group as follows:
- defense and security systems (53.4%): C4I defense and security systems (control and monitoring systems, communication, protection, cyber-security, and other systems), defense mission systems, naval systems, electronic war systems, drones, air operation systems (air defense, air surveillance), ground defense systems and missiles;
- aerospace systems (28.4%): avionics equipment (cockpit, cabin multimedia, and simulation equipment), space systems (satellites, payloads, etc.);
- digital identification and security solutions (18.2%).
Besides, the group owns a 35% stake in Naval Group (manufacture of naval equipment for defense and nuclear energy sectors).
Net sales are distributed geographically as follows: France (29.5%), the United Kingdom (6.6%), Europe (24.8%), the United States and Canada (14%), Asia (9.4%), Near and Middle East (6%), Australia and New Zealand (4.4%) and other (5.3%).