Thales : Confident message...pending quantification of revenue synergies from Gemalto
>Gemalto: confidence signalled on cost synergies and reflections under way on revenue synergies - In the framework of a road show organised in the US, Thales’ management largely recapped on Gemalto’s integration. Confidence on the generation of cost synergies (€ 100-150m in 2021) is solid as all actions have now been defined and the road map clarified. Regarding revenue synergies, no figure has been disclosed yet but the CEO has underscored that the group can activate...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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