Report
Olfa Taamallah ...
  • Yan Derocles

Thales : A safe haven

>Acceleration in sales as of 2021 guaranteed by solid momentum on order intake - At a road show organised in London, the group reiterated its confidence in achieving a book-to-bill of above 1x in 2020 after 1.04x the previous year, of which 1.5x in Q4. The pipeline appears to be particularly well-stocked in defence & security, in both mature and emerging countries, with clearly visible opportunities particularly in the naval segment (MKS 180 frigates awaiting the vali...
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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