Thales : Conference call feedback: productivity close to normal levels as of Q3 and focus on 2021
>Return to normal in Q3 in terms of productivity - At a conference call that we organised, Pascal Bouchiat (CFO) indicated that the upturn in Thales’ production capacity is improving week-on-week whilst at the same time stressing that the consequences of the disruption are likely to be significant in Q2 (we forecasts a 30% l-f-l decline in sales). All of the group’s sites are now open and even though efficiency losses are still evident (social distancing of 2m betwee...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.
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.
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