Report
Antoine Boivin-Champeaux ...
  • Yan Derocles

Thales : Ddé Un démarrage de l’exercice en douceur – Ajustement de Gemalto à la norme Thales

>Un T1 2019 pénalisé par des bases de comparaison élevées - S’il faut rappeler que le T1 est traditionnellement le trimestre le moins contributif chez Thales, nous tablons tout de même sur un lent démarrage de l'exercice principalement en raison de bases de comparaisons très élevées dans le transport (+29% en organique au T1 2018) comme dans la défense (+10%). Le segment Aerospace subira quant à lui les effets de l’atonie des prises de commandes dans les satcom ces de...
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
Antoine Boivin-Champeaux

Yan Derocles

Other Reports on these Companies
Other Reports from Oddo BHF
Matthias Desmarais
  • Matthias Desmarais
Matthias Desmarais
  • Matthias Desmarais
Martin Marandon-Carlhian ... (+2)
  • Martin Marandon-Carlhian
  • Sinan Doganli

ResearchPool Subscriptions

Get the most out of your insights

Get in touch