Report
Olfa Taamallah ...
  • Yan Derocles

Thales : A lead in digital which will be underpinned by Gemalto

>The course is clear - At a road show organised with the investor relations, the company reiterated its 2021 targets (excl. Gemalto) presented at its capital markets day (CMD) at the start of June, with a forecast EBIT margin of between 11% and 11.5% despite a homogeneous increase of 50-100bp in R&D across the various divisions over the 2017-2021e period for sales targeting organic growth of 3-5%. The pleasant surprises relative to these targets could come from i/ a ...
Underlying
Thales SA

Thales is an electronics and systems group, serving defense, aeronautics, transport, space and security markets. Co.'s operations can be divided into four operating segments: Aerospace (Avionics, Space), Transportation (Ground Transport Systems), Defence & Security (Secure Communications & Information Systems Land and Air Systems, Defence Mission Systems), and DCNS. Co. designs and delivers systems for all four environments: air, land, sea and space. These systems detect and assess threats, manage information, support command decisions and control engagements through to threat neutralization. Co. is active in ground transportation; air transport; navigation systems.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Olfa Taamallah

Yan Derocles

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