Report
Olfa Taamallah ...
  • Yan Derocles

Thales : Cap vers 2021 avec un retour à un exercice normatif

>2020 fortement impacté par les perturbations des opérations et le niveau élevé des frais fixes - Si le recul organique du CA est finalement plus limité que prévu au T1 2020 à -4.7% (impact COVID de 200 M€), la société a clairement indiqué qu’elle tablait sur une baisse significative au T2 en raison de faibles niveaux de productivité (actuellement entre 50 et 80% suivant les sites) qui perdureront tant que les mesures sanitaires seront maintenues. Nous anticipons déso...
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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